The Poor Get The Shaft – Forced To Pick Up 7 Billion Euro Power Tab Of German Industry!

Here’s more proof that Germany’s scheme to shift over to renewable energy sources, the so-called Energiewende, is backfiring ‚Äì this time socially.

German climate alarmist site “Klimaretter” (Climate Rescuer) writes here that Germany’s Energiewende has been unfair to consumers, but a real bonanza for some large power consumers.

Claiming competition disadvantages (and they are indeed real) big power consumers have cajoled policymakers to grant them exemptions from having to pay the renewable energy feed-in surcharges ‚Äì now at more than 6 euro-cents a kilowatt-hour. The result is that these have ended up being passed on to the poor consumers, who are forced to pick up the huge tab in addition to paying their own surcharge fees.

Klimaretter writes:

Energy-intensive companies in Germany were exempted from paying 3.3 billion euros in 2014 and 3.4 billion euros in 2015 within the scope of the EEG Renewable Energy Feed-In Act.”

That’s about 7 billion ‚Äì over the past two years, only.

It is estimated that some 2000 German companies were granted exemptions from paying these feed-in charges. One green politician, Julia Verlinden, commented that the way things are now, large power consuming companies are being rewarded for consuming more power. She told klimaretter that “companies even receive incentives to waste as much energy as possible in order to profit from extra discounts.”

In fact Co2 emissions by the German aluminium industry has risen from 733,000 tonnes in 2010 to 821,000 tonnes in 2014, klimaretter reports.

Read rest…