Germany Faces State Calls to Adjust Solar Subsidy Reduction Plan

28 Feb. 2012 by

BLOOMBERG - German Chancellor Angela Merkel’s government is facing calls from the opposition and a state premier from her own party to amend plans to reduce solar energy subsidies amid mounting concern that the cuts may drive domestic companies out of business.

Reiner Haseloff, the state premier of Saxony-Anhalt and a member of Merkel’s Christian Democrats, said the government’s proposal to lower subsidies by a record as early as March 9 threatens domestic solar companies. His call was backed by the opposition Green Party, which said in a statement today that it asked the Bundestag, the lower house of Parliament, to schedule a debate over the cuts that “threaten entire regions.”


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