Germany’s green dream – Global Public Square - CNN.com Blogs

No country has embraced renewable energy more avidly than Germany. But a host of untoward realities – soaring electricity bills, rising carbon emissions and growing dependence on Russian gas – are intruding rudely on Germany’s green dream.

In response to such worries, Chancellor Angela Merkel’s cabinet approved a plan last week to trim subsidies for solar and wind power. The proposed law would also exempt fewer companies from paying a stiff renewable energy surcharge, an exemption that has come under heavy fire in Europe for giving German industry an unfair competitive boost.

Germany’s green dream – Global Public Square - CNN.com Blogs