Germany’s $130B Solar Experiment Delays Global Warming by 23 hours!
Success! Germany’s $130 billion solar power subsidies has delayed global warming by 23 hours!
It gets worse: Because Germany is part of the European Union Emissions Trading System, the actual effect of extra solar panels in Germany leads to no CO2 reductions, because total emissions are already capped. Instead, the Germans simply allow other parts of the EU to emit more CO2. Germany’s solar panels have only made it cheaper for Portugal or Greece to use coal.
Success! Germany’s $130 billion solar power subsidies has delayed global warming by 23 hours!
It gets worse: Because Germany is part of the European Union Emissions Trading System, the actual effect of extra solar panels in Germany leads to no CO2 reductions, because total emissions are already capped. Instead, the Germans simply allow other parts of the EU to emit more CO2. Germany’s solar panels have only made it cheaper for Portugal or Greece to use coal.