How the US and the WTO Crushed India’s Subsidies for Solar Energy
The subsidies which provoked the ire of the United States are in the form of Domestic Content Requirements (DCRs). These mandate that a set proportion of specified materials used in the NSM must be manufactured in India. . . . The US attack on India’s energy subsidies represents breathtaking hypocrisy. The US itself provides subsidizes for renewables.
Phi Beta Iota: We are long past due a taxpayer refusal to support the Federal Reserve, the World Trade Organization, and the International Monetary Fund. All three betray the public trust every single day.
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Federal Reserve @ Phi Beta Iota
