Something Boards of FL forgot to mention.
More than 800,000 German homes are without power simply because they can no longer afford to pay their bills.
For anyone looking for a taste of Australia’s [America's] economic future, then look no further than Germany. For that reason, over the next few posts, STT is going to have a close look at the debacle that is German wind power policy and its disastrous impacts on German business and households.
Germany’s renewable policy – referred to as the “Energiewende” – has seen €billions in power/taxpayer subsidies thrown at wind and solar power at the expense of German industry, manufacturing and families.
Skyrocketing renewables driven power prices are sending once competitive manufacturers and industries to the USA to benefit from energy made cheap by its recent shale oil and gas bonanza (see our post here).
For the same reason, more than 800,000 German homes are without power simply because they can no longer afford to pay their bills (see our post here). That number can only escalate – from the pieces below something like 300,000 households are being disconnected from the grid annually. And, beyond that, an even larger number suffer from what is euphemistically called “fuel poverty” – which is where a household spends more than 10% of its disposable income on energy – leaving them with the stark choice of “heat or eat” – simply because they can no longer afford both.
The fact that – for all the €billions thrown at wind and solar power – German CO2 emissions have increased not decreased – as coal-fired plants are cranked-up to keep the grid from collapsing – simply adds insult to injury (see our post here).
http://stopthesethings.com/2014/04/20/german-wind-power-policy-an-economic-suicide-pact/
More than 800,000 German homes are without power simply because they can no longer afford to pay their bills.
For anyone looking for a taste of Australia’s [America's] economic future, then look no further than Germany. For that reason, over the next few posts, STT is going to have a close look at the debacle that is German wind power policy and its disastrous impacts on German business and households.
Germany’s renewable policy – referred to as the “Energiewende” – has seen €billions in power/taxpayer subsidies thrown at wind and solar power at the expense of German industry, manufacturing and families.
Skyrocketing renewables driven power prices are sending once competitive manufacturers and industries to the USA to benefit from energy made cheap by its recent shale oil and gas bonanza (see our post here).
For the same reason, more than 800,000 German homes are without power simply because they can no longer afford to pay their bills (see our post here). That number can only escalate – from the pieces below something like 300,000 households are being disconnected from the grid annually. And, beyond that, an even larger number suffer from what is euphemistically called “fuel poverty” – which is where a household spends more than 10% of its disposable income on energy – leaving them with the stark choice of “heat or eat” – simply because they can no longer afford both.
The fact that – for all the €billions thrown at wind and solar power – German CO2 emissions have increased not decreased – as coal-fired plants are cranked-up to keep the grid from collapsing – simply adds insult to injury (see our post here).
http://stopthesethings.com/2014/04/20/german-wind-power-policy-an-economic-suicide-pact/