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EU court backs Sweden’s refusal to subsidize a Finnish wind farm
Bloomberg said The European Union’s top court backed Sweden’s refusal to subsidize a Finnish wind farm in a ruling that supports the EU’s current system where a government usually pays for power projects only in its own country.
“The court finds that the restriction is justified by the public interest objective of promoting the use of renewable energy sources in order to protect the environment and combat climate change,” the Luxembourg-based tribunal said in a statement. Government measures to reach that objective “justifiably target” power generation on its own territory.
Last Updated (Wednesday, 02 July 2014 02:00)



