German own goal using energy subsidies

By: jphamlore (Diary) | September 7th at 10:31 AM |

Spiegel Online International has an article German Solar Firms Eclipsed by Chinese Rivals detailing how German subsidies for wind and solar power are actually helping to destroy smaller to middle-sized German companies that had once been world leaders. I am horrified by the German inability to use the most basic economic reasoning to foresee why those subsidies would be a catastrophe for them. If even | Read More »

Tags: economy, energy, trade

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