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by Mlller
1432 days ago
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> Why didn't the German government massively subsidize Green energy? But they did? (Sorry if Iʼve misunderstood you.) “According to a 2016 study commissioned by a neoliberal think tank, €150 billion have been spent so far, and the bill is estimated to reach half a trillion euros by 2025.”[1] That was started by the Schröder government (1998–2005) and rather half-heartedly continued by the Merkel government (2005–2021), decreasing the subsidies. China has even benefitted from German subsidies. “Germany long aimed to be a front runner in the solar energy industry, but waning subsidies and rising competition from China have clouded its outlook. To add insult to injury, the Chinese boom has been generously supported by German financial aid.” … “According to KfW officials, it was precisely the subsidy policy's goal to help Chinese solar producers achieve a breakthrough, in order to promote the environmentally friendly technology internationally.”[2] [1] https://www.dw.com/en/german-issues-in-a-nutshell-energiewen...
[2] https://www.spiegel.de/international/germany/a-capital-error... |
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