Search This Blog

De Omnibus Dubitandum - Lux Veritas

Thursday, October 4, 2018

Germany’s Energiewende program exposed as a catastrophic failure

EU climate alarmist champion Germany has its Energiewende program exposed as a catastrophic failure with enormous costs

Guest essay by Larry Hamlin

An audit of the EU’s leading climate alarmism energy policy program concludes that Germany’s Energiewende is a colossal and hugely expensive debacle. “Germany’s Federal Audit Office has accused the federal government of having largely failed to manage the transformation of Germany’s energy systems.”

“A little more than a year before Germany’s climate-policy “milestone 2020”, the auditing body has concluded a catastrophic assessment of the government’s energy policy. Germany would miss its targets for both reducing greenhouse gas emissions and primary energy consumption as well as for increasing energy productivity and the share of renewable energy in transport. At the same time, policy makers had burdened the nation with enormous costs.”

The audit further concluded that the program is a monumental bureaucratic nightmare where “The Federal Government, incidentally, does not have an overall grasp of the costs or any transparency in this respect.”..........To Read More.....

No comments:

Post a Comment