Reality catches up faster then expected, glad they took the bullet so the rest of the world doesn’t have to.
The Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the purpose of the policy – CO2 emissions are rising fast (see our post here).
Some 800,000 German homes have been disconnected from the grid – victims of what is euphemistically called “fuel poverty”. In response, Germans have picked up their axes and have headed to their forests in order to improve their sense of energy security – although foresters apparently take the view that this self-help measure is nothing more than blatant timber theft (see our post here).
One justification put up by the wind industry for the social and economic chaos caused by spiralling power costs was the claim that investment in wind power would…
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