1000 Euros Over 20 Years: The Horror

GlobalPost:

Roesler’s position is supported by the pro-industry Rhine-Westphalia Institute for Economic Research, or RWI, which has calculated that solar panels installed in Germany between 2000 and 2011 will cost consumers a staggering 100 billion euros ($130 billion) over 20 years. “The most important reason to cut the solar subsidies is that from an economic perspective, they are simply a waste of money,” RWI expert Manuel Frondel told GlobalPost. “We estimate that the average German household will have to pay 1,000 euros over the next 20 years as a result of the photovoltaic panels installed in Germany up to now.”

So that rings up to 50 euros per year, or €4.17 ($5.52) per month.

And then I think of another number. Reuters:

The government panel has estimated that cleaning up the Fukushima disaster and compensating its victims could cost as much as 20 trillion yen ($257 billion)…