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by turbinerneiter 1791 days ago
We spent a lot of money on solar, lots of German companies started to fill the demand, the Chinese came in and dumped prices, Germany decided not to import-tax -> lots of German tax payer money spent on installing solar power, but all the German solar companies were priced out of the market by Chinese companies.

Basically, Germany built Chinas solar industry, let our own die.

2 comments

Import taxes are decided by the EU, so it wouldn't have been simple for Germany to quickly react.
100%, sadly this is exactly how it played out.