“It seems political leaders in Europe have figured out that there are consequences for allowing faith to substitute for markets when it comes to energy. ‘We face a systemic industrial massacre,’ said Antonio Tajani, the European industry commissioner. Mr Tajani warned that Europe’s quixotic dash for renewables was pushing electricity costs to untenable levels, leaving Europe struggling to compete as America’s shale revolution cuts US natural gas prices by 80pc. Never fear – they have a solution: print money.”
http://bionicmosquito.blogspot.com/2013/09/the-green-energy-religion-meets-real.html
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