This is why the Vestas share price is tumbling

The US House of Representatives has drafted a tax reform which would retroactively change the conditions for wind development and lower the value of the US tax credit by USD 12.3 billion. However, the draft must first make its way through a wind-friendly Senate.

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EU Parliament increases green targets for Europe

The stage is set for a showdown with the member nations, particularly when it comes to the renewable energy directive, after the EU Parliament has today voted for a 35 percent target in 2030 and an equivalent target for energy efficiency.

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