“German officials and legislators created laws that ‘guaranteed a fixed feed-in tariff for 20 years, guaranteeing a fixed income’ for producers. Yet this guarantee was probably generated without doing a proper cost-benefit analysis. Now German taxpayers are stuck paying bills they cannot afford. Not only that, but Germany is closing coal and nuclear powered plants at an accelerated rate. And the new energy creation must be deployed via power lines that must either be built or upgraded. The result is that German consumers are facing ever higher energy bills, so much so that a rising percentage of Germans are choosing to have their power shut off rather than pay escalating fees.”
Related posts:
Detained Man Burned Alive After Being Left Unattended In Police Car for 15 Minutes
U.S. government waging war on school bake sales?
Is the TSA checking domestic airline passengers for warrants?
A Remarkable Lawyer and the Fascinating Murder of JFK's Mistress
Teen Rots in Jail for Facebook Joke; Cop Who Talked About Killing Michelle Obama Gets Vacation
Cop Who Shot and Killed Unarmed 14-year-old Hiding in Woodshed May Have Used Excessive Force
As Feds Suggest ‘Guidance,’ Bitcoin Foundation Pushes Back
The Pentagon Is Hunting for UFOs. Guess How Much It Costs.
Bitcoin is political, deal with it. Welcome to Dark Wallet
Jacob Hornberger: The JFK Cover-Up Continues
Bill Bonner: His New Book, 'Hormegeddon' and Other Insights
Chinese Gold Rush Underway
Regulation Means The Bitcoin Gold Rush Will Not Happen In The US, Say Experts
College tuition increases more than triple the rate of inflation
ZipZap to Offer Cash-for-Bitcoin Service at 28,000 UK Locations