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To: jjotto
A U.S. based solar manufacturer tells me that Germany is cutting substantially the subsidies.

"Springtime for Chermany, Winter fur der rest ov de vurld."
9 posted on 02/10/2013 10:44:11 AM PST by kenavi (Lost the country? Win your state.)
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To: kenavi

Well, that was the plan, but...

http://www.spiegel.de/international/germany/german-solar-subsidies-to-remain-high-with-consumers-paying-the-price-a-842595.html

...Solar subsidies cost German consumers billions of dollars a year and are widely regarded as inefficient. Even environmentalists are concerned that Berlin’s focus on solar comes at the detriment of other renewables. But the solar industry has a powerful lobby, and politicians have proven powerless to resist...

...[new environment minister Peter] Altmaier’s concessions to the solar industry are all the more baffling given that the German government had announced intentions to cut subsidies significantly, making plans to reduce the construction of photovoltaic systems to a reasonable level.

And Altmaier himself, in his previous role as whip for the Christian Democrats in German parliament, warned that subsidies for the solar industry were bringing about “billions in additional costs, every week, every month.”


16 posted on 02/10/2013 10:52:17 AM PST by jjotto ("Ya could look it up!")
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