The price for the headlong rush to renewable energy in Germany driven largely by a rampant Green party now has to be paid. Subsidies have exceeded 100 billion € but nothing of that has reached the consumer. But some developers and some entrepreneurs have made some not so small fortunes.
Der Spiegel is not known for daring to challenge political correctness and has been one of the staunch supporters of the global warming orthodoxy. But even Der Spiegel is apalled:
The costs of subsidizing solar electricity have exceeded the 100-billion-euro mark in Germany, but poor results are jeopardizing the country’s transition to renewable energy. The government is struggling to come up with a new concept to promote the inefficient technology in the future.
