EGEB: India offers subsidy support for solar manufacturing, China launches carbon tax market, more
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India proposes US$1.7 billion support for local solar manufacturers and 12GW CPSU scheme – Also contains a neat visual on showing how they are, roughly, looking at each stage of the manufacturing process for development. The incentive is a 30% ‘subsidy’ – and different amounts of it are available at different levels of solar panel manufacturing process. Seems like a smart way to get solar panels into a country – instead of, say, taxing every person who wants to install their own systems.