7 December 2010

Alternative Energy - Absurd Cross-Subsidies

The costs for subsidising alternative sources of energy are threatening to explode. In Germany they may soon surpass the mark of Euro 13 billion per year, that is close to 500 Euros per child or adult citizen. No one has ever had the chance to vote on this pet project of politicians and lobbies. The situation in other countries is not much better and absurd consequences abound. Why should earners of low incomes subsidise the solar-cells on the roof of a rich dentist?

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