Read the following passage carefully:
To prevent carbon leakage and promote domestic industrial decarbonization, the Regional Energy Council introduced a tiered carbon border adjustment tariff coupled with a conditional rebate mechanism for local manufacturers. Under this scheme, foreign imports from jurisdictions lacking equivalent carbon-pricing mechanisms face border levies proportional to their embedded emissions. Simultaneously, domestic manufacturers operating within energy-intensive, trade-exposed sectors are granted production-linked rebates, provided they achieve a documented minimum annual emissions reduction threshold of 8 percent. However, the policy stipulates that any manufacturer receiving state-subsidized green energy transition grants is strictly disqualified from claiming production-linked rebates during the same fiscal cycle. Furthermore, if foreign exporters demonstrate that their manufacturing facilities utilize verified carbon capture technologies operating at over 70 percent efficiency, their border tariff is fully waived, regardless of their home country’s statutory pricing frameworks. Critics argue that because green energy transition grants cover capital expenditure while production-linked rebates subsidize operational costs, the mutual exclusivity clause disproportionately disincentivizes early-stage industrial technological overhauls among small-to-medium enterprises that depend on initial capital support.
Statement: A domestic manufacturer in an energy-intensive sector that achieved an annual emissions reduction of 10 percent and received a state-subsidized green energy transition grant in a given fiscal cycle is entitled to claim the production-linked rebate for that same cycle.
Based strictly on the passage provided above, determine whether the statement is True or False.
Answer: Answer