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“Electric Poverty” and Germany’s Green Energy Disaster

Daniel Greenfield — FrontPageMag.com — October 20, 2012

Germany is one of Europe’s most reliable economies and yet its bungled attempts at switching from reliable nuclear power to “Green Energy” has led to a complete disaster. And it’s something that we should be paying attention to because Barack Obama and his band of Goreites have taken us down the same road to ruin.

The environment ministers, first Norbert Röttgen and then Peter Altmaier, behaved as if Germany’s phase-out of nuclear energy was not going to cost anything, even as they handed out billions in subsidies to owners of homes with solar panels and wind-farm operators.

And the impact on German businesses has been staggering.

Energy costs now represent the biggest liability for Germany as a place to do business, especially in light of the marked increase in the number of blackouts and voltage fluctuations in the grid.

And when businesses avoid setting up shop up in Germany that means less jobs and less money and more of a burden on existing German businesses and citizens. That’s how the progressive Ball of Economic Disaster begins rolling downhill.

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Trackbacks/Pingbacks

  1. Germany’s Energy Policy: Man-Made Crisis Now Costing Billions | Quixotes Last Stand - October 31, 2012

    […] “Electric Poverty” and Germany’s Green Energy Disaster […]

  2. Another Must Read — Pointman: Examples will have to be made: Germany | Quixotes Last Stand - October 31, 2012

    […] “Electric Poverty” and Germany’s Green Energy Disaster […]

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