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Subsidies should stay despite low-priced renewables: IEA

from Energy Mix

Falling renewable prices are no reason to cut the (comparatively paltry) government subsidies that have helped make them possible, the International Energy Agency advises in a new report. "The naive economist view is that you don't need to do anything if an energy source is the cheapest — the market will take care of it," said co-author Toby Couture of E3 Analytics. more

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