Lower house passes green energy law despite Civic Democrat disapproval
The lower house has passed a bill on renewable sources of energy despite protests from the opposition Civic Democratic Party. Under the bill small power stations would be guaranteed fixed state purchasing prices of electricity for fifteen years. The government says the bill had been expected by private investors who will help the Czech Republic meet the European Union's demand to produce eight percent of all power from renewable sources by 2010. Currently, only two percent of energy produced in the Czech Republic comes from renewable sources. The Civic Democrats argue that nuclear and coal power are much cheaper and the involvement of alternative sources would deform the market. The bill has yet to be passed by the Senate and signed by the president.