{"id":41424,"date":"2011-10-11T10:15:35","date_gmt":"2011-10-11T10:15:35","guid":{"rendered":"https:\/\/solplanet.net\/merkel-suggests-cutting-solar-subsidies-further\/"},"modified":"2011-10-11T10:15:35","modified_gmt":"2011-10-11T10:15:35","slug":"merkel-suggests-cutting-solar-subsidies-further","status":"publish","type":"post","link":"https:\/\/solplanet.net\/gb\/merkel-suggests-cutting-solar-subsidies-further","title":{"rendered":"Merkel suggests cutting solar subsidies further"},"content":{"rendered":"<div class=\"wrapper  wrapper__spacing-top-large--120 wrapper__spacing-top-tablet--80 wrapper__spacing-bottom-large--120 wrapper__spacing-bottom-tablet--80\" id=\"\">\n\t<div class=\"wrapper__anchor\" id=\"\"><\/div>\n\t\t\t<div class=\"wrapper__container wrapper__container-width-large--small wrapper__gutter-large--default wrapper__gutter-tablet--small\">\n\t\t\t<div class=\"wrapper__inner wrapper__width-large--12\">\n\t\t\t\t\n<div class=\"block-group\">\n\t\n<div class=\"wrapper   wrapper__spacing-bottom-large--20\" id=\"\">\n\t<div class=\"wrapper__anchor\" id=\"\"><\/div>\n\t\t\t\n<div class=\"block-heading\">\n\t<h2 class=\"heading heading__align--left heading__color--shaft heading__size--default block-heading__heading\">\n\t<\/h2>\t<\/div>\n\t<\/div>\n\n\n<div class=\"wrapper   wrapper__spacing-bottom-large--80 wrapper__spacing-bottom-tablet--40\" id=\"\">\n\t<div class=\"wrapper__anchor\" id=\"\"><\/div>\n\t\t\t<p class=\"paragraph paragraph__color--dove paragraph__align--left paragraph__size--default block-paragraph__paragraph\">\n\tMerkel said that while wind energy seemed on track to becoming commercially viable in Germany, this did not seem the case for solar energy. Already over the past two years, Germany has sharply reduced so-called feed-in tariffs, through which investors receive a guaranteed return on generated energy output.<br><br><img loading=\"lazy\" width=\"318\" height=\"232\" class=\"wp-image-2333\" style=\"width: 300px\" src=\"https:\/\/solplanet.net\/wp-content\/uploads\/2020\/11\/20-1.jpg\" alt=\"\" srcset=\"https:\/\/solplanet.net\/wp-content\/uploads\/2020\/11\/20-1.jpg 318w, https:\/\/solplanet.net\/wp-content\/uploads\/2020\/11\/20-1-300x219.jpg 300w\" sizes=\"(max-width: 318px) 100vw, 318px\" \/><br><br>&#8220;But I am not sure whether we shouldn&#8217;t be tackling this even more,&#8221; Merkel told a regional conference of her Christian Democrat party in Magdeburg.<br><br>Europe is by far the world&#8217;s biggest market for solar power yet it largely depends on government subsidies because solar power is still up to eight times more expensive than conventional forms of power like coal and gas.<br><br>The sector has boomed since the start of the millennium as investors rushed to get a slice of the next big thing amid worries about climate change and new targets encouraging countries to curb carbon emissions.<br><br>But now cash-strapped euro zone governments, grappling with debt crises and fragile economic growth, are reducing their support in order to bring down production costs and make the industry more competitive.<br><br>Merkel said it was not rational for so many subsidies to go toward a sector which ultimately produced little energy.<br><br>(Reporting By Andreas Rinke, Writing by Sarah Marsh)<br><br>From: Reuters<\/p>\t<\/div>\n\n<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[601],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Merkel suggests cutting solar subsidies further | Solplanet<\/title>\n<meta name=\"description\" content=\"The power of the sun is the future of our planet. 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