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Climate Change Laws of the World
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Energy Investment Tax Deduction Scheme (WEM)

Executive
Regulation/Rules
Passed in 1997
Provides a direct financial advantage to companies investing in sustainable energy and energy-saving equipment. The Energy Investment Tax Deduction scheme allows entrepreneurs to deduct 44% of the purchase/production costs for energy-saving equipment from their company's profits for the year in which the equipment was purchased, up to EUR113m (USD175m) annually.
Documents
from the Grantham Research Institute
from the Grantham Research Institute
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