India Doubles Coal Tax to Fund Ambitious Clean Energy Initiatives

Yale e360
By Yale Environment 360Jul 21, 2014, 12:40 pm76 pts
India's finance minister has doubled the tax on coal imported to or mined in the country, raising the tariff from $0.83 to $1.67 per metric ton, with plans to use the revenue to fund a host of renewable energy projects over the next decade, Clean Technica reports. The revenue will be added to the National Clean…

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