28 Jun '12, 11pm

Sol Invictus — German Government Cuts Solar FIT

Sol Invictus — German Government Cuts Solar FIT

In the eyes of the economics minister Philipp Rösler (the head of the free-market oriented “Liberal Democratic Party” and the vice-chancellor), a rapid revision was necessary due to the “out of control” growth of solar power capacity in 2011. Soon the usual bunch of anti-renewable energy vultures within the conservative party joined the criticism and voiced their support for rapid cuts to “contain solar energy.” They are a relatively powerful group within Angela Merkel’s conservative party and have close ties to powerful industry groups and the conventional power and energy corporations. This anti-solar coalition of politicians within the government and vested economic interests in the private sector was also heavily disgruntled by the decision of its party leadership to speed up the phase-out of nuclear power a few months before. It’s safe to say that the situation was se...

Full article: http://cleantechnica.com/2012/06/28/sol-invictus-german-g...

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