Berlin, Germany: CDU/CSU Calls for 25% Reduction in German Solar Funding (May 27, 2008)
The Conservative CDU/CSU alliance in the German Bundestag (Lower House of Parliament) has announced that they want to see a decrease in solar funding by 2010 of over 25 percent. On Monday, the Christian Democratic Union /Christian Social Union alliance called for a decrease of solar funding by over 25 percent over the next two years.
The CDU/CSU announcement comes ahead of discussions on Thursday this week, when the coalition fractions of the German Bundestag will discuss the future level of solar funding within the scope of the amendment of the Renewable Energy Act (EEG).
Minister for Environment, Sigmar Gabriel and the government coalition partner, the SPD (Social Democratic Party), also have the intention to reduce solar feed-in tariffs, but only by 7% to 8% per year.
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