Articles filed under Taxes & Subsidies from Europe

The high price of clean energy - Tax breaks and subsidies for industry divide Germans

The main reason for the increase in energy costs is the simple fact that generating electricity with wind parks and solar arrays is more expensive. But allowing so many exemptions is taking its toll as well, and a better solution is overdue -- especially because this envious discussion over who's paying and who's not has the potential to chip away at support among the general public for the transition to renewable energy.
26 Oct 2012

Merkel Curbs Renewables to Limit Voter Anger on Power Bills

German Chancellor Angela Merkel's decision to cap taxpayer subsidies for renewable energy is aimed at limiting the political fallout. ...Merkel's government, already preoccupied with tackling the debt crisis in the euro area, is struggling to justify the rising costs to phase out nuclear power and replace it with more expensive wind and solar plants.
12 Oct 2012

'Soviet-style' wind farm subsidies to face the axe

"There are significant impacts on the rural economy and the rural environment, all of which probably weren't intended when these things were thought up," he told an event at the Conservative Party conference. "It is not very green to be blighting the economy in one area." His comments came as Greg Barker promised that the Government was dealing with the "never-ending gravy train of green subsidies".
10 Oct 2012

Fury over wind farm tax break calls

"Giving tax breaks to wind farm companies is a horrifying idea. These firms are already raking in massive subsidies, which end up on everyone's electricity bills. "Wind farm developers are already piling into places like the Borders," said Professor Ponton, who has worked in the renewable energy field since the 1970s.
24 Sep 2012

Analysis: Should the proposed wind farm get the green light? - No, says Stuart Young

Every time electricity bills rise, supporters of wind point the finger at fossil-fuel prices, insisting wind subsidies can't be to blame because all forms of electricity generation are subsidised. This is a blatant untruth. Oil and gas receive no meaningful subsidy, while wind will cost consumers more than £1.8bn in covert subsidy by the end of the year.
31 Aug 2012

Germany rethinks path to green future

Germany's energy revolution is the government's only major project -- but the problems keep piling up. The pace of grid expansion is sluggish, and electricity costs for consumers are rising. The environment minister wants to fundamentally alter the way green energy is subsidized, but will it mean putting the brakes on the entire project?
30 Aug 2012

Germany speeds offshore wind expansion, slaps costs on consumers

Wednesday's proposals also coincide with a debate about spiraling electricity costs for private households ...Holger Krawinkel, head of energy issues at the Federation of German Consumer Organizations, said that the plan to pass on costs will further increase the bills that householders have to pay for the planned expansion of renewable energies.
29 Aug 2012

Foreign energy firms pressured ministers to keep wind farm subsidies high

A senior Whitehall source disclosed that the government was effectively railroaded into making its decision by foreign companies which make hundreds of millions of pounds a year in wind subsidies, which are added to household bills. Company chiefs were alarmed by claims that the coalition dispute was set to drag on into the autumn, sparking uncertainty across the industry.
29 Jul 2012

Osborne offers deal on wind power

Mr Osborne said he was “content” to accept a reduction in subsidies of just 10 per cent in the short term. ...some in the Treasury had been pressing for cuts of up to 25%. ...But the compromise offer came with a list of demands aimed at securing a big role for natural gas in Britain’s energy mix.
23 Jul 2012

Ministers delay plans to axe subsidies for wind farms

The Conservatives argue that wind turbines are a blight on the countryside and were built only because the energy market was unfairly rigged in their favour by subsidies. Mr Osborne is understood to have supported the backbench demands. The Chancellor was confident yesterday of securing a deal to cut the subsidies sharply over several years.
17 Jul 2012
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