Author Topic: Solar Boom To Bust In China: Worlds Largest Solar PV Projects Drop 43% As Subsidies Cut  (Read 304 times)

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Offline To-Whose-Benefit?

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Admin August 17, 2018 3:21 PM

[excerpt]

http://www.climatedepot.com/2018/08/17/solar-boom-to-bust-in-china-worlds-largest-solar-pv-projects-drop-43-as-subsidies-cut/

Solar boom to bust in China: worlds largest solar PV projects drop 43% as subsidies cut
by Jo Nova / Yesterday, 13:06

The advantage of communist autocrats is that they can create government havoc so much more efficiently.

The Chinese solar boom was so big it became the world’s largest solar market. It was so big it pushed up global “clean energy” investment to a record high. China became the veritable show pony of the solar spruikers: “leading the world in clean energy investment”. Mashable tells us it was so big “the solar boom could be seen from space“.

But the star advertisement for renewable glory was all based on subsidies:
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Offline Bigun

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Same thing would happen here to the wind and ethanol scams if we were to cut off the subsidys.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
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