Greece Plans Tax for Existing Renewable Energy Plants
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Greece is planning to approve a tax on the revenue of existing renewable energy plants to reduce a deficit created by subsidy payments to the industry.
The government included a tax reducing the revenue for all photovoltaic plants by 25 percent to 30 percent in legislation set for a vote tonight in the parliament in Athens, the energy ministry said. Other technologies will pay a 10 percent tax. An earlier draft called for up to 35 percent from solar alone.