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Climate Change Laws of the World
Peru

Promoting Investment Activity for the Generation of Electricity from hydropower and other renewable sources, Legislative Decree No 1058

Legislative
Law
Passed in 2008
This legislation incentivises investment in renewable energy by issuing special tax write-offs. Specifically, equipment, machinery and civil engineering works associated with the installation and operation of renewable energy generation are considered to depreciate value at an accelerated rate (not exceeding 20% annually).
Documents
from the Grantham Research Institute
from the Grantham Research Institute
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