Saturday, September 21, 2013

How Europe's Economy Is Being Devastated By Global Warming Orthodoxy

How Europe's Economy Is Being Devastated By Global Warming Orthodoxy - Forbes:
"The German government has arranged for renewable energy producers to sell the power grid their electricity at more than 6 times the wholesale electricity market rate.
Nature reported that in 2012 renewable energy producers “cashed in an estimated €20 billion for electricity worth a mere €3 billion.” 
Counting the costs of electricity from all sources, the Institute for Energy Research reported that “Germans pay 34 cents a kilowatt hour compared to an average of 12 cents in the United States).”"

No comments: