Federal auditors call out Germany’s failing green energy transition

Tallbloke's Talkshop

German Chancellor Merkel surveys an offshore wind site [image credit: evwind.es]
Spending fortunes, having little of any benefit to show for it, and not being in control of what’s going on. That seems to be the verdict from the auditors on their government. The sums involved are eye-watering.

Germany’s Federal Audit Office has accused the government of a catastrophic mis-management of the green energy transition (Energiewende), reports The GWPF.

The wastage of resources is “unprecedented”. Germany’s Federal Audit Office has accused the federal government of having largely failed to manage the transformation of Germany’s energy systems.

View original post 304 more words

Advertisements
This entry was posted in applied price theory on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.