
Zschadraß’ Ländliches Leben, Germany
Wind and solar help a small town in Saxony out of debt
Summary In the midst of a seemingly rich Germany, numerous towns, villages and rural districts are broke. The pathway to insolvency typically includes the following steps. Over the course of ten to twenty years, a community heaps up debt because revenue is permanently too low. To raise funds, towns then sell assets and establish public-private…