Another example of the environmentalist industrial complex. This policy, and these projects are a complete waste of time and tax money. And in every country they're implemented, they go bust. As soon as the subsidy runs dry, so do the jobs that they so-called create.Germany is cutting solar-power subsidies because they are expensive and inefficient
Germany once prided itself on being the “photovoltaic world champion”, doling out generous subsidies—totaling more than $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?
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Using the government’s generous subsidies, Germans installed 7.5 gigawatts of photovoltaic capacity last year, more than double what the government had deemed “acceptable.” It is estimated that this increase alone will lead to a $260 hike in the average consumer’s annual power bill.
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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 spiraling solar subsidies a “threat to the economy.”
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Using solar, Germany is paying about $1,000 per ton of CO2 reduced. The current CO2 price in Europe is $8. Germany could have cut 131 times as much CO2 for the same price. Instead, the Germans are wasting more than 99 cents of every euro that they plow into solar panels.
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In the words of the German Association of Physicists, “solar energy cannot replace any additional power plants.
Slate
It has to be obvious to most people by now, that this is not the way to tackle the issues of the world's energy concerns. REAL research and development, not crony capitalism and feel good money spending will address the issue.










