Germany Says Solar Energy is Path to Bankruptcy, Yet Obama Doubles US Down On It

Ed Farnan – One of the biggest national investors in green energy, Germany, is coming to the  realization that green energy is the path to bankruptcy. This is nothing short  of blasphemy in the green world to even make a partial admission that solar  power is not the panacea it was promised to be.

Germany invested  gargantuan amounts of money in green energy, doling out more than 130 billion in  subsidies to install solar systems and spends an additional 10 billion per year  subsidizing existing solar installations.

Yet after all of this capital  expenditure, Germany has little to show in terms of reducing green house gasses  and helping the country’s power needs. Despite massive investment, solar power  accounts for approximately three percent of Germany’s total energy… when the  sun shines!  To add insult to injury, Germans also pay the second highest  price for electricity in the developed world, due mainly to the fact that they  are heavily subsidizing green energy by adding the cost to everyone’s utility  bills.

According to Der Spiegel, members of Chancellor Merkel’s staff are  describing the policy as a massive money pit. Philipp Rösler, Germany’s minister  of economics and technology, has called the spiraling solar subsidies a “threat  to the economy.”

Germany will be cutting subsidies to solar sooner than  planned, and to phase out support over the next five years.
In spite  of  this ominous sign that solar may be a technology that will not reach  its dreamed of potential, President Obama has America on a headlong rush down the same  path of energy broken dreams that Germany has found itself on.

The green energy price tag for America under the Obama administration is  reaching into the billions. When you consider the energy policies that choke off  America from its natural resources and the subsidies to green energy by adding  the price tag onto consumers utility bills, we are talking more than billions,  possibly trillions, in outright costs and damage to our economy.

Does  Obama and his team of experts in the White House think that if we just throw enough taxpayer  money at green energy, it will magically become economically feasible? That the  rules of physics and economics will somehow be swept aside?

President  Obama should examine very closely what lead to Germany’s decision to basically  pull the plug on solar. President Obama has had plenty of red warning flags  along this path he has us on, some of these flags have names like Solyndra  and Evergreen Solar.

Another red flag is the cost of gasoline to  Americans; in some areas it is hitting over 5.00 per US gallon. Due to Obama  energy policies and tensions in the middle east, gas is getting very expensive.  Expensive fuel will increase the price of everything Americans consume and take  money out of their pockets at the exact time you want to encourage consumer  spending. This could tip the American economy back into the recession they tell  us we are no longer in.

Ed Farnan can be reached at edf0483@gmail.com

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I believe that in the future everybody will get their electricity mostly from their own “private” electricity grid, that are connected to photovoltaic and wind power. Let’s say an entire city has their own grid. Excess is sold to the main grid. Purchasing electricity of the main grid will become more expensive and less people will start buying from it, since they’ll use their own grid. A bit like the internet. Large companies don’t like it that people install solar panels on their roofs and will lobby against this. You and your neighbours, it’s time to create your own private grid. Span your LAN cables to your neighbours. Main grid lines will be more for emergency current and will be expensive. If you haven’t created your own private grid you’ll have to rely on the emergency current main grid line which will be very expensive.

Don W.

This article is nuts. Germans love their solar energy and there is not the slightest chance that they will not continue to be a world leader in solar energy. They are reaching price points that are quite impressively low. Given the price trajectory of solar anyone is just insane to build a nuclear plant. By the time it is completed the cost of produced solar energy will make it look like an archaic dinosaur.

Kent Ridgeway

I read your article “Germany Says Solar Energy is Path to Bankruptcy, Yet Obama Doubles US Down On It” and you did an excellent job of presenting one side of the issue. While I may disagree with Obama’s oil and gas policies as I believe accelerating domestic oil and gas exploration and production is the fastest path to energy independence, ultimately the US and the rest of the world will run out of oil. This is at best, only a few decades away!! This is quite clear in US Governments reports where data was taken from all walks including academia, industry, and even the oil companies themselves! What then? Shut down all commerce? Solar and other energy alternatives are a must for the future in order to slow down the oil consumption and utilize oil more intelligently. Most people do not realize that nearly everything we rely on from carpeting,… Read more »


LET’S START WITH CLEARING THE AIR IN WASHINTON! In 2004, Professor Alan J. Ziobrowski, Ph.D., of Georgia State University, published a study that examined the performance of the stock portfolios of members of both houses of Congress. His research found that both outperformed the market. The Senate outperformed the market 12 percent per year from 1993 to 1998. The House outperformed the market six percent per year, the same rate as corporate insiders who legally buy and sell their own stock. Members of Congress are privy to a substantial amount of information as they propose and pass legislation that affects various companies and industries. This knowledge gives them an informational advantage over the average investor. Promoting Green Energy is supporting the stock portfolio and investment of our entrenched Representatives. It has never been about the enviorment. Follow the money trail to the Bank Accounts of Pelosi. Gore, and other long… Read more »


Interesting article. First socialized medicine, now socialized energy. Having lived “on the economy” in Germany the idea of socialized medicine gives me the horrors. Why do we imitate inferior systems????? Yes, I know, it’s all about more centralized government.

Meanwhile, Dow has introduced solar shingles and is test marketing them in the Denver, CO area. The big advantage is that these can be installed by a regular roofer at little more cost than normal shingles. I am not sure what percentage of energy these will save but I can see this as a boon to sunny states like CA and Florida.

My point is….Get the EPA off our backs, give free enterprise free reign and we can solve the problems.

A.T Riccio

Interesting article on Green energy ..These efforts are mosty driven by Groups turning these efforts into money making scemes . I an part of group of scientists who have been working on a self sustaining magnetic devise that will change the way we make electricity to use to power our homes ,Auto’s Marine, and any other form of transpotation needs .Unless these efforts fall within the normal venue of the ‘Green progams’ NO one will listen to any other alternative power source …We have spent many years and millions of our own money to bring this new science to the world …The solution to our energy problem is here ..All we need is an open mind.Scientists have taken on an ellement of a ‘cult’ unless you fall within their model you are ignored …Almost all the Green efforts are not cost effective or just a waste of money and will… Read more »


Some of us seniors learned that just because you had plenty of cheap anything didn’t mean you didn’t have to conserve it, re-use it, and in general take care of it. Each commodity we have is finite by it’s very nature, may or may not be “renewable” and the concept of “sustainability” is a matter of conjecture to say the least because its based on our preconceived notions at the moment. Some other aspects to think about are, are we grateful for what we do have whether little or much, do we share what we have, this if nothing else separates us from those who are ungrateful and think only of themselves. These are totally foreign concepts to those who fail to appreciate what it means to be an American such as the current occupier of the WH! Its just this type of behavior belying his claim at being a… Read more »

Ladd Prier

We are being governed by radical demagoguery from all directions, mediated by our radical-in-chief via dictatorial regulation. Obama displays incompetence in many areas but most critically in his failure to understand the lack of real science behind the suicidal agendas being pushed by the radical greens: the anthropogenic carbon dilemma has not been verified absolutely and solar power is too diffuse and intermittent given present collector efficiencies to drive any significant part of grid needs. Research expenditure on energy is good; destroying our fossil fuel industry before technology to replace it is available is criminal and murderous. There are sufficient numbers of perceptive individuals, regardless of political bias, to see and understand the dangers presented to the country by this administration and to oppose them and limit the damages. We will have no one else to blame when the leading economic nations of the world decide that it is no… Read more »


In West Texas, the huge wind turbines have ruined the landscape! They are massive, hulking, behemoths that are inefficient, noisy, and prone to catching on fire and falling. It used to be nice to look out over the horizon and see the hills and the beautiful colors, but not anymore.


It’s said that the empty barrel makes the loudest noise. I guess that it’s especially true when talking electric power. Many of us draw our conclusions based on what WE think is right, what we read, or what seems logical, but really have no knowledge whatsoever of how it all works. Next, the same folks will be directing brain surgeons on how to operate. Who needs an Medical Degree… or an Electrical Power Engineering degree, right? Well it’s not so simple, and many are totally clueless. Solar energy is not free nor is wind energy. Maybe someday photovoltaics will be cost effective. Maybe someday windy energy will be too… I mean WITHOUT gross government subsidy. To make them manageable, maybe someday there will ways of efficiently storing bulk power (other than hydroelectric deferral). But NO TIME SOON. Nope, no batteries big enough, and we couldn’t afford them anyway. Truth is,… Read more »


In reality, obama is using this as just another tool to destroy America. That has been his intention all along, bankruptcy being the primary tool. I (for the most part) believe the article – I have no reason to doubt it, especially with all the proof that we have a terrorist squatter in the White House. Liberalism has put us on the freeway to destruction.


I hear all the information about solar, I have been a proponet of solar since the 1970’s however they still have not made it cost effective. Unless Green energy becomes cost effective, it will not sell in America. It is excellent for off the grid applications but is useless for the average everyday use. I believe that the Obama administration is artificially increasing the prices on energy (taxes etc.) for the sake of increasing the interest in Solar and Wind.


This article is full of wrong facts. The reduction of subsidies is not a sign of failure of the plan, but of its success. It has always been planned that the subsidies should be high in the beginning in order to stimulate research & development and, in particular, mass production of solar energy modules, so that they become much cheaper. With falling prices, the subsidies were planned to be reduced accordingly. And indeed the proces for photovoltaic systems have become much cheaper, leading to more people installing photovoltaic cells than planned, thus the subsidies are reduced even further. What a nonsense to say this is a sign of failure! The article states that there have been 130 billion (of what?) of subsidies yet, but “solar power accounts for approximately three percent of Germany’s total energy… when the sun shines!” This completely wrong! First, there never have been 130 billions of… Read more »


You mind if somebody from germany helps you with these numbers? @Mikel Moore: Your general numbers are correct in the first place, but the conclusion, that the high price could be generated by the nuclear plant shutdown is wrong. Actually we are still netto exporters. Especially during the past cold winter days solar and wind power have kept the power running in europe! Especially france has imported german solar power as their (>50) nuclear plants had serious issues with frozen rivers. Also france had spend way too little into power efficiency compared to germany. (Just think of it: nuclearly heat water, to create electricity, to finally support electrical radiators) About the article: Well there actually is one minister in germany trying to stop the solar progress. His party is already meaningless to germany’s population. (Latest Surveys state <3% for the FDP) This ministers decision is obviously a result of corruption,… Read more »


Solar and Wind energy is putting millions in the pockets of “Green” companies mostly owned or aligned with Al Gore and his multi-groups. Proven to be a possible future form of energy, our present technology isn’t there yet. Our present leaderhip in office has done more to slow down or stop energy ideas and search than at any time in our past. The “green” they talk about is the Greenback’s going into their off shore bank account.

Mikel Moore

What is the source of your information? It seems you conflated green energy as a whole with one small portion of it. Per the Christian Science Monitor and Spiegel Online International green energy now accounts for 20% of Germany’s energy production, with this breakdown from Spiegel:”Total usage in Germany remained stable from 2010 at 275.5 billion kilowatt-hours, but energy from sources like wind, biomass, hydroelectric plants, solar panels and waste incineration rose to 57.3 billion KWh in the first six months of this year. Wind power, the most important source, rose to 20.7 billion KWh, or 7.5 of total usage. Biomass (5.6 percent), photovoltaic solar (3.5 percent), and hydroelectric power (3.3 percent) were next in line. Waste incineration and other sources covered 0.8 percent of total demand.” Finally, don’t you think that Germany closing down their nuclear power plants and importing a significant portion of their power has something to… Read more »


Obama comes across as just not giving a flip. His demeanor reflects a total unconcern for the nation he presides over. But it seems the saying that “a nation gets the kind of government it deserves” is true. The past two generations, for the most part, don’t care about the rule of constitutional law. They are only interested in their own bellies, not the principles that protect our freedoms, and make our nation strong. So heartbreaking!!!


This person in the white house has to go in 2012.