ECO welcomes Argentina’s early moves towards achieving 8% of its power from renewable energy sources by 2017, and 20% by 2025. Many civil society organisations and grassroots movements gathered outside Argentina’s National Congress to support renewable energy as this important bill was approved. The bill proposes to accelerate the development of alternative sources of energy generation. In addition, it would create a Trust Fund for the Development of Renewable Energies (FODER) to support the financing of investment projects. Importantly, the fund would be backed by 50% of the money saved from importing fossil fuels. ECO knows that the bill is … Continue reading Argentina takes baby steps toward Renewables