German Electricity Price Projected To Quadruple By 2020, To Over 40 Cents Per Kilowatt-Hour!

via Climate Change Dispatchhttp://climatechangedispatch.com

Once ballyhooed as a cheap source of energy (“The sun doesn’t send an electric bill”), Germany’s attempted transition to wind and solar energy is rapidly heading towards a full-blown central planning folly of historic dimensions. The German electricity consumer advocacy group NAEB projects that Germany’s electric power rates will continue to soar, possibly reaching an industry back-breaking […]

via Climate Change Dispatch http://ift.tt/2jXMFWN

February 28, 2017 at 11:47PM