posted on Feb, 11 2013 @ 09:33 AM
reply to post by anton74
You posted a link to Bloomberg. Did you happen to notice that the Bloomberg article says basically the same thing as the Fox article that I
provided a link to?
No, they are not saying the same thing. At All.
Did you not read the entire paragraph? Look:
Fourth-quarter installations, which fell 66 percent compared with the previous year, show that the new system of reduced subsidies that took
full effect from October is working, said Ingo Strube, a spokesman for the Environment Ministry in Berlin.
Why would they make a funny statement like that if it fell 66 percent? Because they plan ahead for these things. They have analysts and consultants
who work it all out, and as it turns out - even with a 66 percent drop - they can still be on or even ahead of schedule.
what matters. Like I already said - renewable energies like solar don't need eternal, perpetual subsidies to sustain them - they just
need kickstarts to get to a point where they become market competitive. And the Germans still feel they're right on target. That's why I quoted this
part of the article before:
Still, the above-market tariffs remain at levels that allow developers to profit, while component prices have continued to drop amid an
So just because they are no longer matching the same furious pace they were at before (which by the way, was more than double what they expected)
doesn't mean it's failing.
But this is exactly
what FOX News would have you believe, isn't it? That's the difference between their article and Bloomberg's, and it is a
crucial one. FOX News will cherry pick whatever negative angle they can about this and use it to tell you Solar = FAIL. Meanwhile I'll say this for
the 3rd time now: somebody tell the Germans then, because they don't seem to be too concerned about it.
The same thing happened with the Stimulus Bill DOE clean energy loans. I left a link from the House Oversight Committee earlier in the thread showing
that they budgeted $2.5 Billion just to cover losses from expected defaults. They knew
there was gonna be some fails, some bumps in the road,
and they planned ahead - like any proper investor/policy analyst would do. Now they are actually projected to use up only a quarter of that budget
because total fails have been significantly less than they expected, and the overall program has been a big success.
But here's how FOX News reports the story: Solyndra. Solyndra. Solyndra. Fail. Government Spending. Solyndra. Taxpayer money. Obama grrrr. Communism.