No matter how often we pile on the fraud that is Germany’s energiewende (for “energy transition”), it never gets old pointing out that it should really be called energiefehler—”energy failure.” Today the New York Times acknowledges it as such:
A de facto class system has emerged, saddling a group of have-nots with higher electricity bills that help subsidize the installation of solar panels and wind turbines elsewhere.
Germany has spent an estimated 189 billion euros, or about $222 billion, since 2000 on renewable energy subsidies. But emissions have been stuck at roughly 2009 levels, and rose last year, as coal-fired plants fill a void left by Germany’s decision to abandon nuclear power. That has raised questions — and anger — over a program meant to make the country’s power sector greener.
This lack of progress is an “illustration of the partial failure of the energy transition,” said Artur Lenkowski, an energy analyst at IHS Markit, a research firm. “The whole point of the energy transition was to lower greenhouse gas emissions.”
Renewable energy subsidies are financed through electric bills, meaning that Energiewende is a big part of the reason prices for consumers have doubled since 2000.
If you look at states here that have aggressive renewable energy mandates, you find much the same thing. California actually has less carbon-free electricity generation capacity than it did in 1990. Stay tuned for more on this topic here in the coming days. . .
Read more at PowerLine
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