Why Cutting Solar Subsidies Will Speed Up the Clean Energy Revolution

Sep 1, 2015 · huffingtonpost.co.uk


The UK government has just announced that people will get close to 90% less money than before for installing solar panels on their homes.

Greenpeace and Friends of the Earth are in despair. But for a maturing UK solar power industry, the proposed cuts are a blessing in disguise - and, if implemented, will end up meaning more and cheaper solar panels across the UK.

Just look at Germany. There, solar subsidies have been cut significantly over the last few years, but the solar industry kept on growing. The reason is that the cuts have led to greater competition and standardisation between German solar companies. This has meant a sharp fall in prices and many more solar panels being installed all over the country. The Germans keep on putting them on the roofs of their homes, offices and factories.

Read Complete Article

RT @L_Pbusiness: #London has been named the most digital ready city according to @Siemens new app measuring the digital readiness of the wo…

Jordan works as a mentor at @WickersThe – a charity supporting eight to eighteen-year-olds in #Hackney – helping yo… https://t.co/wJVPYtuS74

How could #tech transform the lives of Londoners? If you're in Year 9 or 10 and want to get creative with tech solu… https://t.co/iC6h5c0DSj

How to quickly and securely wipe your data off almost any device https://t.co/78QyKBICck

Game of Thrones Night King theories: could there be a devastating ending for the Starks in season 8? https://t.co/Hxhrs6BDqY