India imposes coal tax.
| Author | Singh, Damandeep |
| Position | Brief article |
In February, Indian Finance Minister Pranab Mukherjee announced that a "Clean Energy Cess," or tax, of 50 rupees (US$1.10) per ton will be levied on domestic and imported coal. The funds will help establish a National Clean Energy Fund for financing "research and innovative projects in clean technologies," which likely include India's National Solar Mission and innovations to promote more-efficient use of coal.
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With India expected to consume 600 million tons of coal in...
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