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Germany’s Expensive Rush Into Wind And Solar Has FAILEDhttp://www.investmentwatchblog.com/germanys-expensive-rush-into-wind-and-solar-has-failed/
Germany’s Federal Audit Office has accused the government of a catastrophic mis-management of the green energy transition (Energiewende). The wastage of resources is “unprecedented”.
A little more than a year before Germany’s climate-policy “milestone 2020”, the auditing body has concluded a catastrophic assessment of the government’s energy policy. Germany would miss its targets for both reducing greenhouse gas emissions and primary energy consumption as well as for increasing energy productivity and the share of renewable energy in transport. At the same time, policy makers had burdened the nation with enormous costs. Spam_A Spam_B Here is a chart showing Germany and Denmark, the two countries that spent nearly a trillion Euros on wind and Solar, have the highest electricity rates in Europe:
As is always the case the climate alarmist renewable energy advocacy main stream media in both the U.S. and Europe will do everything possible to conceal this disastrous policy debacle from public view.
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IckeLast Edit by Humphrey
