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Notice how socialist, and progressives love every wacky idea as long as other people are paying for it . . .

10/14/2016

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Renewables costing German households ever more cash

More below.
​. . . but once they have to pay, it's too expensive?

"'The current subsidy system is running out of control.”

Michael Fuchs, deputy leader of the Christian Democratic Union (CDU) faction in the Bundestag (German parliament), meanwhile lamented that the overall subsidies accounted for more than the entire budget of the federal Transport Ministry.
 
"We need an independent agency which sets prices for the Energiewende," he told Bild. "And we need an upper limit for subsidies.'"

The Germans have no idea what they are doing here, if they think they can set prices for Energiewende, and retain Energiewende. It is either keep it or kill the subsidy. Politicians, and environmentalists have long been lying about the costs of these power sources, making the costs seem lower, and the power generated greater, so as to fool the public into believing that they are a reasonable replacement source of energy. They are not, and they are brutally costly. Without the full subsidy, these alternative power (read that as extremely costly) producers cannot afford to continue to make any power, or maintain the machines, or infrastructure. 

Europe has spent the past 40 years cashing in its annual reduction in military savings in public health care, and now renewable energy. But the money is now gone, there is nothing left to cut. So, the other peoples money has finally run out, and the Germans themselves are having to pay for these flapdoodle ideas, and their shocking costs. 

Spain about bankrupt the nation with these inane projects before finally deciding to stiff the individual homeowners, and businesses who attached these things to their properties by gutting the subsidies.

I fully expect the world to be nigh filled with rusted, burned out hulks of huge windmills, and cracked, and weed overgrown solar farms within the next 10 years or so. 

Arithmetic is a harsh mistress, and one we cannot ultimately beat. If the math doesn't work out, it doesn't work out. Lying to oneself does not change that. The politicians, and the environmentalists should pay a price, but that seems unlikely.
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