RENEWABLE ENERGY SUBSIDY

FAVOUR

•Renewable energy was considered a solution to

the problem of growing GHG emission.

•Renewable energy could also generate forex and

employment.

• Analysts were in favor of energy subsidies.

• FORMS OF ENERGY SUBSIDY :
 favourable tax treatment
 grants
 Loans
 R & D grants
 AGAINST
• Cost of setting up renewable energy plant was
to high.
• Renewable energy sources can have adverse
environmental consequences. Eg : Dams.
• Ethanol and other bio-fuels were a threat to the
rainforest. They caused land erosion and water
pollution.
• Coal was used to convert corn/sugar to ethanol.