http://www.theage.com.au/news/national/solar-panel-subsidies-not-smart-german-mp/2008/05/16/1210765176525.html
So much for "investing" in alternative energy. This looks as if the federal government would like to keep power generation out of the hands of residents that could best be able to afford them.
I would not be surprised at all if these measures are to help energy companies control the production of green energy and help keep their profits/market protected.
Nice one KRudd and co.AUSTRALIA is taking a wrong path by offering subsidies to install solar rooftop panels, instead of promising households high prices if they sell excess power to the grid, a leading German MP has warned. Hans Josef Fell, the Greens' energy spokesman and co-author of Germany's pathbreaking Renewable Energies Act, said renewable energy now made up 14% of Germany's electricity generation, mainly due to good prices for selling excess power.
So much for "investing" in alternative energy. This looks as if the federal government would like to keep power generation out of the hands of residents that could best be able to afford them.
I would not be surprised at all if these measures are to help energy companies control the production of green energy and help keep their profits/market protected.