Affordable energy is essential to economic growth, and examples like Germany and Spain underscore how government attempts to pick winners and losers inevitably come at a cost
Solar Subsidies Make Electricity Bills More Expensive
Renewable energy supporters have been emphatic in calling for the United States government to provide subsidies comparable to those offered by foreign "competitors," yet it is worth noting that the foreign experience with renewable energy subsidies has not led to especially effective results. One of the most striking examples is Germany--the world's largest solar power producer whose energy industry is facing serious economic problems now that the German government is imposing massive cuts to its solar subsidies.
