You Say You Want A Revolution?

An energy revolution? Then pay up front, Germany. It’s going to cost you a zillion dollars and you may not be able to come up with the cash for it later.

Germany

Germany spent 25 billion euros ($26 billion) on renewable energy in 2016, most of which—23 billion euros—consumers paid through a surcharge on their electricity bills. The rise in that surcharge is the single biggest reason that the amount the average German household spent on electricity rose to 1,060 euros in 2016, up 50% from 2007.

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