Clean tech needs certainty on subsidies

The stop-start nature of government support for clean energy is fostering uncertainty and could see investors avoid the sector.

As governments pare subsidies for renewable and other energy they must make the outlook for future public support clearer, if they are to avoid an investor retreat.

Investors will consider both the level of support and its prospects for stability when deciding whether to back an energy project.

The trouble is that recent policy changes have seen both subsidy cuts and a lack of predictability over future support.

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