World trade panel sides with India vs US in renewables tiff
Source: Associated Press
World trade panel sides with India vs US in renewables tiff
June 27, 2019
GENEVA (AP) — A World Trade Organization dispute panel has ruled in favor of India in its complaint against the United States over subsidies and rules applied by eight U.S. states in the renewable energy sector, such as for solar and wind power.
The ruling made public Thursday hands a defeat to the U.S. government, which has been pressuring the WTO’s highest appeals body. President Donald Trump has in the past called the Geneva-based body “unfair” to the United States.
The panel found that California, Connecticut, Delaware, Massachusetts, Michigan, Minnesota, Montana, and Washington had improperly given tax or financial incentives to domestic producers of renewable energy systems, components or “inputs” made in those states.
It said the states’ measures gave preferential treatment to domestic products over imported products.
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Read more: https://apnews.com/1f2ff7e4c5ce46b084814155d64fe18f
