India diverts $25 billion away from clean energy fund

24 July 2017 – The Indian government is diverting some $25 billion earmarked for clean energy to an unrelated policy, a national news site revealed on Monday. Narendra Modi’s administration has won plaudits internationally for hiking taxes on coal production and aiming to install 175GW of renewables by 2022. Yet the biggest pot of money raised to support solar, wind and other climate-friendly power sources has been sacrificed to a major reform of India’s goods and services tax (GST). Read the full article on the Climate Home website.