Posted by: Grant | May 23, 2012

The Decadent Germans

Europe is haemorrhaging out it its backside – Greece – and it is said that the Germans are sick of propping it up, but how strong are the Germans?

I mean how strong can an economy be which deliberately doubles its electricity prices in a vain attempt to dictate a Green ethos to the rest of the world?!

GWPF
Green Energy Fiasco: German Electricity Prices To Double

Wednesday, 16 May 2012 13:16
Deutsche Presse Agentur
http://thegwpf.org/international-news/5735-green-energy-fiasco-german-electricity-prices-to-double.html
http://www.wiwo.de/unternehmen/energie/energie-strompreise-verdoppeln-sich/6635056.html

” …The rising costs are due to the expansion of renewable energy as well as the necessary grid expansion and the subsidization of solar and wind power. In early May, a study by energy experts at McKinsey suggested that electricity consumers would face 21.5 billion Euros in costs in 2020 caused by the transition to renewable energy. “We already have the highest electricity prices in the EU today,” said Bechtold. In France, the cost of electricity is about 40 percent lower. The German industry could not afford such a price difference in the long run…. “

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Responses

  1. Hi Grant,
    I feel sorry for the German people, as you know our electricity has gone sky high, and it is about to go higher with the carbon tax,. This is all getting out of hand I feel. Germany I know have very cold winters and there are going to be some that will not be able to afford to heat their homes. This really has to stop all this green rubbish.


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