Wednesday, April 20, 2016

GREENIES WANT TAXPAYER BACKSTOP FOR PRIVATE LENDERS

Revenues from Canada's multibillion-dollar clean technology industry contracted slightly in 2014 after six consecutive years of growth that outpaced the rest of the economy, says a new report. The numbers point to a sector facing intense international competition from a flourishing global industry. The report includes seven recommendations for action, including putting a "significant and rising" price on carbon and creating some sort of government backstop for private lenders to assist in financing clean tech companies as they scale up operations.
 

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