US targets Chinas wind subsidy
Submitted by shompa on Sun, 2011-01-16 10:30
Files complaint in WTO; says China unfairly helping equipment makers. After scuttling talks on transfer of technology in the recently concluded climate change conference in Cancun, the US now wants China to stop its clean energy programme. The US, on December 22, filed a complaint with the World Trade Organization (WTO) that China is unfairly helping its domestic wind power equipment manufacturing industry with soft loans, cheap land and subsidies, thereby giving it a competitive edge. This is despite the fact that the US has its own green energy development programmes which run into billion of dollars.
For full text: http://www.downtoearth.org.in/node/32911
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