Authorities will delay the launch of the Energy for All renewable power scheme until next year, as they need to revise conditions and business models to support state attempts to boost the tepid economy and ensure fair benefit-sharing between villagers and investors, says Deputy Prime Minister Supattanapong Punmeechaow.
The scheme, which was introduced in 2019, allows qualified communities to co-invest in power plants and sell biofuels such as plants and farm refuse for electricity generation.
The first licence for plant operators was set to be issued by the end of this year. But with the new changes, permission is expected to be postponed to early next year. Read more…..
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Treasury Secretary Steven Mnuchin joins Becky Quick for CNBC’s Delivering Alpha conference to discuss the state of the U.S. economy seven months into the coronavirus pandemic.