Friday, May 16, 2008

Germany Debates Subsidies for Solar Industry

Germany Debates Subsidies for Solar Industry from the NY Times.

Germany has built up a huge solar industry. Germany derives 14.2 of it's electricty from renewable energy.

If I am reading the article right, the fight is over adding an extra $12.32 to a monthly electricity bill, and somehow this amount would alienate people.

So what will $12.32 buy you? A dinner at some mid-market restaurants. A meal for three at McDonalds. Starbucks for three people.

Conclusion - I question the assertion that an extra $12.32 a month would alienate anyone.

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