According to an article in Prensalibre.com "the creation of an energy fund could be, according to the Ministry of Energy and Mines (MEM), a solution to the social conflict caused by hydroelectric energy, although the proposal already has opponents. "

The disturbances generated by different social groups opposed to hydroelectricity projects under construction, is one of the factors identified as responsible for the bad business climate felt by investors in Guatemala.

"... Erick Archila and Edwin Rodas, minister and deputy minister of energy, told Prensa Libre that the proposal is to implement a tax on hydroelectric power generation, monies which will be allocated to the municipalities where these projects are executed and the surrounding areas. "

Source: prensalibre.com

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