Europe's Green Energy Sector Confronting Austere Times

摘要

Europe's renewable-energy sector is likely to take a massive hit as governments all across the region tighten the strings on public spending in an effort to reduce huge budget deficits. In today's frugal climate, European governments are questioning whether some renewable technologies are providing enough green energy to justify current levels of costly subsidization. A recent study by HSBC, Climate Change and Clean Energy, names Spain, Italy, the Czech Republic and Slovakia as countries likely to cut subsidies.