That means a castle in the air.

You know, a pipe dream. Like Germany’s renewable “energy turnaround” pipe dream. Only now the money has stopped coming down the pipe. Reality always sticks up its ugly little head sooner or later.

Germany Plans to Cut Renewable Subsidies as State Costs Soar – Nation to cut all payments next year when prices turn negative.

Payments will also be based on investment rather than output.

“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”

– Henry Hazlitt