Despite the massive expansion of renewable energy sources, German lignite production quotas have remained virtually unchanged over the past twenty years and are therefore still the highest in the world. The result is that Germany has developed into the largest electricity exporter in Europe and is pushing down prices elsewhere with very cheap coal-fired electricity.
German coal operation
H/T The Global Warming Policy Forum (GWPF)
Government attempts to interfere in power generation markets can and do have unintended consequences, including undermining their own intentions. The expert interviewed here says ‘eight times as many wind and solar power plants as today’ would be needed in Germany by 2050, to meet policy targets. Many of the obstacles that lie in the way also apply to other countries that want to pursue the ‘CO2 controls climate’ delusion.
German economist Johannes Bachmann explains the so-called ‘Green Paradox’ — when unilateral climate policies accelerate the worldwide extraction of fossil fuels and global CO2 emissions.
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Yesterday, 20 September, the so-called “Climate Cabinet” of Germany’s federal government met to set the course of German climate policy for the coming years. Christoph Kramer spoke with Johannes Bachmann about the so-called Green Paradox and the economic concepts that fuel it.
Dr…
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