tinydancer
Diamond Member
Wow. "Green" appears to be coming apart at the seams. And a disclaimer. I do believe in trying to integrate green energy with our standard energy supplies.
But when you get government involved in projects and let alone when one allows a government to throw billions and billions of taxpayers money at projects that could never meet the "dream standards" of green green green, they are bound to be doomed.
Governments always screw things up.
Germany's solar experiment collapses
Bjørn Lomborg, Financial Post · Feb. 22, 2012 | Last Updated: Feb. 22, 2012 5:19 AM ET
Germany once prided itself on being the "photovoltaic world champion," doling out generous subsidies - totalling more than US$130-billion, according to research from Germany's Ruhr University - to citizens to invest in solar energy.
But now the German government is vowing to cut the subsidies sooner than planned, and to phase out support over the next five years. What went wrong?
According to Der Spiegel, even members of Chancellor Angela Merkel's staff are now describing the policy as a massive money pit.
Philipp Rösler, Germany's Minister of Economics and Technology, has called the spiralling solar subsidies a "threat to the economy."
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But when you get government involved in projects and let alone when one allows a government to throw billions and billions of taxpayers money at projects that could never meet the "dream standards" of green green green, they are bound to be doomed.
Governments always screw things up.
Germany's solar experiment collapses
Bjørn Lomborg, Financial Post · Feb. 22, 2012 | Last Updated: Feb. 22, 2012 5:19 AM ET
Germany once prided itself on being the "photovoltaic world champion," doling out generous subsidies - totalling more than US$130-billion, according to research from Germany's Ruhr University - to citizens to invest in solar energy.
But now the German government is vowing to cut the subsidies sooner than planned, and to phase out support over the next five years. What went wrong?
According to Der Spiegel, even members of Chancellor Angela Merkel's staff are now describing the policy as a massive money pit.
Philipp Rösler, Germany's Minister of Economics and Technology, has called the spiralling solar subsidies a "threat to the economy."
- Bjørn Lomborg is the author of The Skeptical Environmentalist.Copyright infringement is illegal. USmessageboard.com will enforce the law. Never post an article in its entirety. When posting copyrighted material, please use small sections or link to the article. When posting copyrighted material you MUST give credit to the author in your post. You are responsible for including links/credit, regardless of how you originally came across the material. Link Each Copy and Paste.
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