$125 Billion for Solar Power Project That Produces Only 0.25 % Of Germany’s Energy

Via Tom Nelson:

Germany’s solar subsidies, a signature project in the country’s battle against climate change, are perhaps the most wasteful green scheme on earth, producing a mere 0.25 percent of the country’s energy at a cost to consumers of as much as $125 billion. A leading member of Merkel’s Christian Democrats in the German Parliament says there is growing unease both in his party and in the Bundestag “about the scary monster we’ve created that is sucking up ever larger amounts of money for a negligible effect.”

Another epic green energy failure.

Comments
Trackbacks