Spain renewables industry fears subsidy cuts

According to Reuters, “Spain’s renewable energy industry joined forces on Thursday to ask the government to clarify whether it plans to retroactively cut subsidies, as market-moving media reports have suggested. Shares in renewable energy generators Iberdrola Renovables and Acciona moved sharply lower on Wednesday after website elconfidencial, citing sources close to the government, said the [...]

“Green” economy needs targets, free trade: GE

According to Reuters, “The world needs tougher targets to boost low-carbon energy, both nationally and in global climate change talks, the head of General Electric Co’s energy business John Krenicki said on Wednesday. ‘If you really want it to take off, governments have got to set the framework,’ he told Reuters. ‘What we can’t have [...]