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Offshore wind sector at the mercy of subsidy whims

2013-07-12 11:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bremerhaven, the bleak, windswept home to high unemployment and the remnants of a once-mighty shipping industry, is striving to reinvent itself as an offshore wind hub. It seems logical for the north German port to redeploy skills common to building ships and giant turbines, but success depends on guarantees of the green subsidies that are stoking fierce debate across Europe. Those who oppose subsidies say they inflate energy prices and undermine Europe's competitiveness at a time when the...

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Category:Electronics and Electrical

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