Estonia Won’t Cut Green Subsidies Retroactively, Minister Says
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Estonia will not lower subsidies to renewable-energy producers retroactively unless it reaches an agreement with investors, Environment Minister Keit Pentus said.
The ruling coalition partners have agreed that they cannot force a retroactive change in subsidies, introduced in 2007, as it would affect the “fragile” investment climate, Pentus told lawmakers in a question-and-answer session yesterday, according to a transcript on the parliament’s website.