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By Jo Nova

About 90% of solar panels installed in Germany come from China, and earlier this year one of the last solar panel manufacturers closed in Germany. Last week, what was left of the industry begged for mercy (and subsidies) which they didn’t get. Now another German solar panel manufacturer has closed down.

For some cruel reason German factories which are close to their customers, can’t compete with distant foreign factories which have access to slave labor, fossil fueled shipping and cheap coal fired electricity?

The bigger question, seemingly, is how did the country that invented the printing press, diesel engines, and the theory-of-relativity get fooled by such a stupid ploy? Someone told them they could save the world with unreliable energy, so they converted their generators to unreliable ones, only to discover that they can’t afford to use unreliable generators to make the unreliable generators they need to keep saving the world?

The only government stupider than Germany is the one that has already seen how badly this worked out and announces they’re going to do the same thing. Australia is not only ten years too late, but China has flooded the market to the […]