We all want “green” energy, it seems, and we are subsiding it with tax incentives in this country.
How far we want to go is an interesting question.
Germany has opted for an ambitious goal of producing 35 per cent of its energy by renewables by the year 2020, up from the current 22 per cent.
Solar energy subsidy, says Der Spiegel, German news magazine, is a “sinkhole,” in an article in Public Power Magazine. It says almost half of energy bills is subsidy costs, and due to rise.
German Chancellor Merkel has called for a slowdown in energy from solar and wind.
Our state has embarked on a subsidy program that is less ambitious. But it has already affected our hydroelectric system, and may do so more if the direction continues.