German Solar-Power Subsidies May Be Too High, Merkel Says

Germany’s subsidies for solar power may be too high, Chancellor Angela Merkel said. While solar receives half of the German government’s aid for alternative energy, it accounts for only 2 percent of the 17 percent of electricity generated from renewable sources, Merkel told a conference of her Christian Democratic Union party in Berlin today. “We do have to think about whether we can keep this up,” she said.

To contact the editor responsible for this story: Tony Czuczka at aczuczka@bloomberg.net

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