How often do we hear that other countries are doing well with their BigWind experiments? The reality is very different. Below, you will read about Germany’s disaster. Educate yourselves, your neighbors, and share with your legislators! Our US Senators, last week, verballly agreed to extend the “wind production tax credit” at an estimated cost of $12B ANNUALLY. They obviously do not know the truths below! Additionally, we have added a new ‘tab’ on our website titled, International Failures. Other countries failures with BigWind will be included here for your education….
GERMANY’S GREEN ENERGY DISASTER
Green Energy Programs Are Forcing German Families Into Energy Poverty
WASHINGTON – The Institute for Energy Research today released the first entry in a new series of case studies on Europe’s green energy programs. For years, some policymakers have pointed to Europe as an exemplar of good energy policy, arguing that the U.S. should subsidize renewables through programs like the wind production tax credit or green energy mandates. Now that Europe’s green energy policies have been in place for years, IER decided to see how they were working.
The first case study focuses on Germany’s energy policies and finds that these policies are driving up energy prices and forcing hundreds of thousands of people into energy poverty. Specifically, the study found:
As many as 800,000 Germans have had their power cut off because of an inability to pay for rising energy costs.
Germany’s feed-in tariff scheme provides lavish subsidies to renewable energy producers.
On-shore wind has required feed-in tariffs that are in excess of 300 percent higher than market prices.
Germany’s Renewable Energy Levy, which subsidizes renewable energy production, cost German households €7.2 billion ($9.6 billion) in 2013.
The cost to expand transmission networks to integrate renewables stands at $33.6 billion, which grid operators say accounts “for only a fraction of the cost of the energy transition.”
To read IER’s full case study on Germany, click here: