Germany’s Energiewende (energy turnaround) just keeps on going.
Not only is the cost part still working: The cost of government subsidies for green energy is passed directly through to consumers. As a result, German households pay twice as much for electricity as their US counterparts.
The unreliability of renewables keeps on working, too: Berlin has little choice but to rely on electricity generation from dirty coal-fired power stations (evil nuclear power has been turned off here).
Which brings us to the next absurd turn of events.: A striking example of the absurdity of this emerged this week with the publication of a letter from Germany’s vice-chancellor to the new Swedish centre-left government. Ms Merkel’s deputy warned of serious consequences for electricity supplies and jobs if Vattenfall, Sweden’s state-owned utility, ditched plans to expand two coal mines in Germany. While the Germans may need the dirty lignite these facilities produce, the Swedes are under pressure to scale back the mines because of popular concerns in Sweden about CO2 emissions.