The renewable energy industry can stand on its own without subsidies -- providing other power companies also forgo their own support, the chief executive the world's largest wind turbine company has told CNBC.
Anders Runevad, CEO and president of Vestas instead criticised the subsidies the fossil fuels industry continued to garner.
"We have to remember that this is a regulated industry. If we cut out all subsidies including the 500 billion (dollars) on fossil fuel, I'm very confident that we would be able to stand on our own without subsidies," Runevad told CNBC at the United Nations COP21 climate conference in Paris.
"Subsidy free on all the others; that is a market that I definitely would welcome."