News
Merkel's green jobs ambition stalls with cuts for solar
"We're seeing a major step backward regarding clean-energy jobs because of a lack of strategic industry policy coming from the federal government," Steffen Streu, a spokesman for the economy ministry in Brandenburg, said. "It was always said that each coal job given up will re-emerge in the renewable sector. That's not the case at the moment."
April 29, 2012
by Stefan Nicola
in Bloomberg News
German Chancellor Angela Merkel's effort to create jobs in renewable energy is faltering as subsidy cuts and competition from Chinese manufacturers forces the industry to stop hiring for the first time in eight years.
Employment in Germany's clean energy industry probably will "stagnate" this year after creating about 31,600 jobs a year since 2004, said Claudia Kemfert, senior energy analyst at the DIW economic institute in Berlin. Four German solar companies filed for protection from creditors since December including Q- Cells SE, once the world's biggest cell maker.
Merkel is paring solar incentives after a boom made Germany the largest... [continue via Web link]
| < prev | next > |
Note: this article may be subject to the Fair Use Notice.

