Tag: Germany

Georgia Dodges a Renewable Energy Bullet

Robert Bryce, senior Fellow at the Manhattan Institute, writes in The Wall Street Journal of February 2, 2014, that for years, greens and many on the political left have insisted that widespread adoption of renewable energy will create jobs and stimulate the economy. Now, however, both the European Union and the German government have announced separately that they are rolling back aggressive subsidies and mandates for renewable energy. “The reason: staggering costs. Spain has racked up some $35 billion in debt—known as the “tariff deficit”—thanks to excessive renewable-energy subsidies. In Germany, renewable-energy subsidies are now costing German consumers and industry about $32 billion a year. The costs have become so onerous that on Jan. 21 Germany’s economy and energy minister… View Article

Energy Solutions in Pursuit of a Problem

By Benita M. Dodd Georgians are nervously watching petroleum prices climb amid ongoing unrest in oil producer Libya. Under the Gold Dome, legislators are again subjected to the perennial push for home-grown alternatives to fossil fuels. Just this week, German experts took a new tack at the Capitol with a promising presentation on renewable sources of energy and their economic benefits. The temptation is great, but legislators must focus on commonsense policy that promotes cost-effective, clean energy. Germany has made remarkable inroads into renewable energy generation. Renewables have grown from 4 percent to about 10 percent of Germany’s energy portfolio over the past decade, German scientist Christine Woerlen told legislators. Not the least of the benefits, according to Woerlen, is… View Article

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