Holland has long been known for its tulips, wooden clogs and, of course, windmills. So it’s probably not surprising when the European Union moved to increase its use of renewable energy, Holland was among the first to jump on board the windmill bandwagon. But now comes reports from the Financial Times that Holland’s conversion to wind energy hasn’t exactly been a breeze, as expenses have mounted and the government has been forced to chop its renewable energy subsides by over 50 percent. Even more remarkable is Holland’s new push for nuclear power, which has angered environmentalists. So with wind energy, it appears the Dutch government is finally removing its thumb from a leaking financial dike.
March 25, 2011 by CFACT,
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