At present, renewable energy industry development need the government’s support of powerful fiscal and taxation incentive policies in China. Many developed countries implement some fiscal and taxation policies to promote renewable energy industry. These policies are good inspiration for China to develop renewable energy industry. According to the status of renewable energy industry development in China, we should emphasis on the four aspects: first is to speed up the research and development of renewable energy technology through the financial investment; the second is to encourage renewable energy production by providing the loan subsidies and investment incentives; the third is to accelerate the product promotion of renewable energy through the government policy of purchasing and consumption subsidy; and the last one is to reduce the relative costs of renewable energy by the implementation of energy and environment taxes.
Food, Energy and Environment: Is Bioenergy the Missing Link?
