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China Can’t Afford Renewable Subsidies Either!

Originally posted on NOT A LOT OF PEOPLE KNOW THAT:
By Paul Homewood?? ? h/t Joe Public ? http://uk.reuters.com/article/china-solar-idUKL3N1BQ2CF ? ? From Reuters:? ? China is struggling to pay billions of yuan in subsidies to renewable power generators following a rapid expansion of capacity, a planning agency official said this week. Wind and solar power…