With the Rada scheduled to vote today on a bill to cut ‘green tariffs,’ renewable energy workers are to demonstrate this morning in front of the Presidential Administration Building

With the Rada scheduled to vote today on a bill to cut ‘green tariffs,’ renewable energy workers are to demonstrate this morning in front of the Presidential Administration Building, 11 Bankova Street. They fear last minute amendments could slash rates below the agreed 15% cut for solar and 7.5% cut for wind. Yurii Serhach, of the Ukrainian Association of Renewable Energy, warns: “If the relevant amendments are made to the bill, it will turn into an investment collapse for Ukraine. Thousands will lose their jobs and Ukraine will have to pay about €3 billion in arbitration lawsuits. As a result, Ukraine will lose its image among international partners, donors and lose confidence in the country’s leaders.”