EU carbon plunges 10 percent to record low of 6.30 euros

Told You So: German Solar Industry Faces Bankruptcy

By Guest Column Dr. Benny Peiser—— Bio and Archives--December 15, 2011

Global Warming-Energy-Environment | Comments | Back To Full Article

Workers in Germany's once booming solar energy industry face a shakeout of major proportions following declines in the price of solar panels over the past year. A decision by the German government earlier this year to phase out nuclear energy has done little to reignite the sector. The resulting power gap is likely to be filled by coal and gas rather than solar and wind energy. -- Sarah Marsh and Christoph Steitz, Reuters, 15 December 2011

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