Friday, January 27, 2017

Germany’s Green Energy Policy ‘A Disaster In The Making’

Report: Germany’s Green Energy Policy ‘A Disaster In The Making’ | The Global Warming Policy Forum (GWPF):
"Germany’s green energy policies will likely lead to disaster, according a major environmentalist in the country.
Germany estimates that it will spend over $1.1 trillion on its “Energiewende” plan to boost green energy production and fight global warming.
Image result for wind power explosionBut the plan hasn’t achieved the government’s goal of significantly reducing carbon dioxide (CO2) emissions.
“Policymakers might try to continue on their current course towards economic disaster,” Dr. Fritz Vahrenholt, chairman of the German Wildlife Foundation, wrote in a report published by the Global Warming Policy Foundation....
Vahrenholt argued continuing Energiewende poses a huge problem for the electrical grid, since solar and wind power are intermittent sources and can trigger blackouts. 
Furthermore, Germany’s green subsidies are distorting the power market, making electricity more expensive, Vahrenholt found.
“Although renewables are already generating an additional cost to energy consumers of the order of [$27] billion annually, there is no political party in Germany that opposes the policy in the parliament; the majority of the German population support it too, because they think they are saving the world from a climate catastrophe,” Vahrenholt said..."

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