US is pursuing local content requirements as part of support mechanisms for clean technologies, while EU has set a political target of 40% local production by 2030.
Foreign investments are key to India meeting its goal of nearly doubling renewable energy capacity by 2022 and raising it five-fold to 450 gigawatts over the next decade.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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