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Renewable Energy Threatens To “Ruin” Germany: “A Tsunami Of Costs”

While Ivy league pundits sit comfortably in their intellectually sanitized world of academia and discuss the possible virtues and boldness of Germany’s fast-track energy transition to renewable energy (80% less CO2 by 2050), Germany’s media, business and political leaders are now sounding the alarms for disaster.

FOCUS cover story title: “Energy End! Why it it unaffordable and threatens to ruin the country.”

This week’s cover story of Germany’s print news magazine FOCUS carries the title:Energy End. If you can read German, by all means pick up a copy.

One year ago Germany, in a fit of hysteria, ordered 8 nuclear power plants closed immediately and the remaining 9 closed by the year 2022. By 2050 it’s energy supply must be at least 80% supplied by renewable sources – costs be damned.

This has come to be knows as the German Energiewende or “energy transition”, roughly translated. And so the mad rush to renewable energy was on in earnest. Today, just a single year later, the high costs and insurmountable technical problems (we warned them) have spooked leaders and sparked a wave of uneasiness to sweep over the country. Even the once green media are waking up and sounding the alarms.

For example FOCUS reports in its story that companies will start refusing to pay the exorbitant feed-in tariffs to power companies in a bid to force the issue all the way up to Germany’s Constitutional Supreme Court in Karlsruhe. One business manager said:

Energy costs will be the big issue of [next year’s] federal elections.”

FOCUS writes that one year after the ordered shutdown of nuclear power, the readiness of Germans to accept switching over the renewable energy has collapsed.

A FOCUS survey found that 41% of Germans flat out reject paying one cent more for renewables. In East Germany, that number jumps to 52%. Only a small minority of less than 10% could imagine paying $25 a month more.

German leaders are spooked by the spiralling out-of-control costs and government seizure now spreading though the energy sector. Even leaders within the CDU, Merkel’s ruling ”conservative” party, once a staunch proponent of renewable energies, are now speaking up – and loudly!

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