REA Opposes Tax on Excess Profits in Renewable Energy Sector
May 19, 2025
The Association of Renewable Energy Companies opposes a proposed law for taxing excess profits in the renewable energy sector. They argue that this targeted taxation could create an unstable business environment and discourage investments in the sector. They call on the government to implement a stable strategy that supports clean energy production. They emphasize that increasing taxes will undermine market confidence and burden consumers.