Get the Government Out of Solar (Germany has learned her lesson. Will we?)

Real Clear Markets ^ | 03/29/2012 | Adam Peshek

[SeekAndFind]

Could even higher energy prices be on the way for Americans?

During his two-day, four-state energy tour last week, President Obama reiterated his strong support for tax-subsidized solar energy. The president has repeatedly vowed the U.S. would not cede the solar industry to "China or Germany because we refuse to make the same commitment here." But with Germany's recent cuts to solar subsidies and the U.S. Commerce Department's decision to impose tariffs on Chinese solar imports, the U.S. could be headed towards higher energy prices and wasted tax dollars thanks to the very policies created to compete with these nations.

[mongo141]

In reference to the title, NO!

[GeronL]

Germany is home to nearly half of the world's solar panels that only power 3 percent of the country's electricity. Solar can go weeks without producing significant amounts of energy and has cost German taxpayers more than $130 billion in subsidies, including more than $10 billion last year. These subsidies have had a direct impact on energy markets. Higher energy costs are passed on to German consumers, who pay the second highest electricity bills in Europe and can expect to pay $250 more this year. The country's vast solar facilities still produce less electricity than two of the country's nuclear plants, and despite a history of lavish subsidies, not a single German solar firm is profitable today.

and there you go.

[RWB Patriot]

In answer to the question, I will simply say there is a reason John Galt took the producers of the world on strike.

[MrB]

Let’s not answer the fools (leftists) according to their folly. IE, let’s not accept their premise,

that the 0bama administration’s support of solar was about promoting alternative energy.

By their fruits we know them.

This is about destroying a viable, cheap, readily available energy source that God put here for us to use. The intent of this destruction is the reduction of individual liberty.

The second fruit by which we know them is the fact that those who profitted, and profitted greatly, from these policies were all 0bama donors and supporters.

[Army Air Corps]

Ping.