Recognizing that consumer pays a high price for renewable energy because of high cost of finance, Government has set up a National Clean Energy Fund by imposing a cess on coal that will provide funds to the Indian Renewable Energy Development Agency (IREDA) for on-lending to viable renewable energy projects.
The other option was the principle of individual responsibility, under which member states would remain largely independent in their choice of policies, but would be liable for the decisions they made. This liability principle promised to have a disciplinary effect.