Tuesday, June 7, 2011

China agrees to halt subsidies to wind power firms

China has agreed to stop subsidizing wind power companies that use home-made parts rather than imports, a spokeswoman for the U.S. Trade Representative's office confirmed late on Monday. The decision is a victory for the United Steelworkers union, which last year urged President Barack Obama's administration to challenge a swath of Chinese clean energy measures that it said violated World Trade Organization rules.

Read more at: Reuters

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