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Solar & Alternative Energy

Japan to reinstate solar subsidies

In an effort to help meet its long-term goal of cutting greenhouse gas emissions by 60-80 percent from current levels by 2050, Japan (the world's fifth largest emitter of CO2), expects to have more than 70 percent of new home construction equipped with solar panels by 2020.

Last week, Japan's Ministry of Economy, Trade and Industry (METI) announced that it will offer 9 billion yen (about $99 million) in the first quarter of 2009 to help get the necessary solar panel equipment installed. As well, the METI indicated that more will likely be offered in April.

Full story from Examiner.com.