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Solar industry faces subsidy cuts in Europe http://apocadocs.com/s.pl?1332184178
Hanover, Germany -- Shiny black solar panels are as common a sight as baroque church spires in this industrial hub, thanks to government subsidies that have helped make Germany a world leader in solar technology.
Now, sudden subsidy cuts here and elsewhere in Europe have thrown the industry into crisis just short of its ultimate goal: a price to generate solar energy that is no higher than fossil-fuel counterparts. Across Europe, governments are slashing public spending to cut their deficits, and green-energy subsidies are a target, too...
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[Read more stories about:
climate impacts, economic myopia, alternative energy, governmental idiocy, sustainability]
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