Green Agenda Faces Existential Crisis:  Green Subsidies No Longer Affordable

Worries are increasing that Europe’s economic woes will claim yet another victim: the green agenda.


Across Europe, cash-strapped governments have come to the same conclusion: we can’t afford to prop up renewable technology. They are reacting accordingly. Subsidies for costly clean energy technologies, mainly solar and wind, are being slashed. With governments from Rome to Athens to London cutting basics such as pensions and healthcare, it is not surprising. Worries are increasing that Europe’s economic woes will claim yet another victim: the green agenda. --Danny Fortson, The Sunday Times, 29 January 2012
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