Wonder how the costs of implementing this will play out long term in comparison to coal?
Understand that replacing Nuclear plants this soon had more to do with averting a meltdown.
Long Term??? Man, what an antiquated idea, planning for the long term. Don't you know that the only thing that matters is how much money YOU have today, regardless of how you got it, and to hell with tomorrow. Who knows, you may be hit by a bus and not see tomorrow, and remember the golden rule of unbridled capitalism, he who has the most shite to leave to their ungrateful heirs the most crap.
Is solar power cost effective today in Germany? No. Is Germany making an investment in the future? YES....and they are quickly emerging as a leader in renewable energy technology. At some point someone in the industry is going to hit an "eureka" moment and it is virtually guaranteed that the anti-science mentality that is so pervasive in the US today will make that moment happen in another country and we will buying the result from them. This is not a game, it is a serious race to the future and the winner is going to be in a position of substantial leverage for many years to come. It is a revolution akin to the industrial revolution and we are so smug in our reliance on the past that we simply are going to be left in the dust if we aren't careful.
So what is wrong with subsidizing technology? How did the internet and the entire computing industry come into being? Subsidized technological R&D in the form of defense spending. How much was NASA'a budget in the early days in 2013 dollars?
And here is the coupe-de-grace.....the US Taxpayer is subsidizing the German (and the rest of the worlds) technological R&D by providing the bulk of that nations (and all others) national security through our own massive defense budget. The money that Germany is spending on developing new technology is coming directly out of public funds that are not going toward their defense because they can rely on US military might to protect their interests.
And finally, the little nugget in the post about the green jobs going to China is severely misleading and probably an outright lie. I will guarantee you that the majority of solar panels sold in Germany are manufactured in Germany because Germans will not buy Chinese made products given a choice (or a product made anywhere other than Germany). Germans will pay twice as much for a product that is less quality but made in Germany than they will for a product that is made elsewhere and is better quality. On top of this the subsidy that Germans receive for installing the equipment (known in the US as a tax break for what its worth, but subsidy sounds more sinister) does not apply to equipment manufactured outside of the EU.....if they buy Chinese panels they don't get the subsidy, period.