Germany To Subsidize Tesla

In a bold move to help the ailing German automobile industry, the German government will be spending billions of euros on subsidies for electric cars most likely manufactured by the American electric vehicle maker Tesla Inc. (Germans don’t do electric cars).

Tesla

Germany raised the incentives to buy electric cars and cut the sales tax on more fuel-efficient internal combustion engines (ICE), but increased taxes on gas guzzling SUVs and sports cars which will hit the profits of the big auto makers.

Wumms“ für Tesla und Nel. Geldregen für Wasserstoff und E-Auto – Daimler und Co stehen im Regen.

These Wind Turbines Don’t Work

Wind

German wind energy is in a crisis – “Five times the amount of wind turbines are needed.”

Like these wind turbines up  there, Germany’s energy turnaround just isn’t turning around the way the smart people who planned it planned it. To turn around.  Unless turning around and around  in circles counts.

A mere 1078 megawatts worth of wind turbines were built last year – nearly 80 percent lower than the 2017 level.

Eine Windkraft-Leistung von gerade mal 1078 Megawatt wird im vergangenen Jahr installiert – fast 80 Prozent weniger als noch 2017.

We’ll Always Have Paris

Sometimes relationships just don’t make sense anymore.

Wind

People and renewable forms of energy grow apart and become, you know, different people. Then it’s time to move on. It’s tragic, I know. It’s heartbreaking. But that’s the way the German wind turbine crumbles.

German campaigners fall out of love with wind power – Growing opposition and lack of land spark collapse in construction of new turbines.

Der Ausbau der Windenergie ist ins Stocken geraten. Droht der Branche das gleiche Schicksal wie der Solarindustrie?

No Subsidies, No Service

Twenty years of government subsidies apparently aren’t enough to make German wind parks profitable.

Wind Parks

Once the subsidies run out in 2020 thousands of perfectly functioning wind turbines will have to be taken out of service. You can only make money with this technology if its subsidized by the tax payer? Maybe there’s something wrong with this business model.

Doch damit ist Ende 2020 Schluss – die Förderung gibt es nur für zwanzig Jahre. Was tun? Die Anlagen einfach abreißen, obwohl sie noch bestens in Schuss sind? Oder lässt sich mit ihnen auch ohne staatliche Unterstützung Geld verdienen?

Green Phantom Energy Expensive, Too

How the hell do they do this? It’s magic.

Strom

And the trick goes like this: Germans spent some 643 million euros last year for energy that was never even produced. The reason is the wind energy operators get compensation payments for lost revenues.

How’s that? Is this the New Deal all over again? Nope. Well, yup. Only different. On most days wind turbines in Germany produce more energy than needed. In oder to avoid overloading the energy grid, turbines get taken off the grid or this energy gets fed into foreign grids – for free. In order that German wind energy operators still get their money, however, they get “compensation.” That is, money for electricity they never had to produce. 643 million euros was shelled out for this last year alone, like I said. And things are looking up, too. This was over twice as much as was paid in 2015 (315 million euros). Can’t wait for next year’s bill. German taxpayers pay for this, just in case you were wondering.

Damn. I sure do wish that US-Amerika could start making some progress here with this renewable energy scam, I mean business, but nobody back home seems to get it.

Die Strom-Netzentgelte steigen auf Rekordniveau. Ein Grund sind Windräder, die sich im Leerlauf drehen. Und die Verbraucher merken es im Portemonnaie.

How Poor Is Germany?

Why Germany is so poor it can’t even put its two cents in the conversation.

EU

Poor? Germany is so poor it scams the Nigerians.

Germany is poor. It’s so poor it drives a Poor-shh.

And to top these jokes off, Germany is so poor that German states like Brandenburg will continue to need aid from the European Union for, like, well… Forever.

Remember: “The state (or in this case the über-suprranational-EU-state) is that great fiction by which everyone tries to live at the expense of everyone else.”

Brandenburg darf aus Sicht von Finanzminister Christian Görke (Linke) bei künftigen notwendigen Haushaltseinsparungen der Europäischen Union nicht belastet werden.

Germany To Receive Electroshock Therapy

In another electrifying example of tax dollar waste (or in this case tax euro waste), Angela Merkel’s government has just made a deal with automakers to spend some 1.2 billion euros on incentives to boost sluggish electric car sales in Germany.

Electroshock

“The goal is to move forward as quickly as possible on electric vehicles,” one high-ranking government official said while attaching the electrodes to the German nation’s sweaty forehead. “With this, we are giving an impetus.”

And if that first shock doesn’t work, who cares? This is renewable energy they’re using here, folks.

Just over 30,000 electric vehicles, which are more expensive than conventional models, have been sold in Germany. That’s a tiny fraction of the more than 3 million cars bought each year in a country which has historically leaned on diesel technology to reduce carbon-dioxide emissions.

Double Your Pleasure, Double Your Fun!

On the double! And no, you’re not seeing double. Electricity prices have nearly doubled for German consumers since 2000.

Double

So I guess this famous German Energiewende (energy turnaround) is what one could call a two-edged sword. You know, something having a double meaning?

Germans are leading a double life if you ask me. If they still think that this is going to work, I mean. So stop the double-talk already, people. Get this Energiewende nonsense over with on the double before you end up doubled up with laughter – and those men in the white coats come to take you away.

Etwas läuft schief am deutschen Strommarkt: Während Stadtwerke sich seit Jahren über sinkende Strompreise freuen, hat sich der Preis für Verbraucher einer Studie zufolge seit 2000 fast verdoppelt.

Sunny, Windy, Costly And Dirty

What’s not to like here?

Super Minister

“Super minister?” I’d say this is more like a job for Superpenner.

The difference between the market price for electricity and the higher fixed price for renewables is passed on to consumers, whose bills have been rising for years. An average household now pays an extra €260 ($355) a year to subsidise renewables: the total cost of renewable subsidies in 2013 was €16 billion. Costs are also going up for companies, making them less competitive than rivals from America, where energy prices are falling thanks to the fracking boom…

Cost is not the only problem with the Energiewende. It has in effect turned the entire German energy industry into a quasi-planned economy with perverse outcomes. At certain times on some days, sun and wind power may provide almost all German electricity. But the sun does not always shine, especially in winter, and the wind is unpredictable. And “batteries”—storage technologies that, for example, convert power to gas and back again to electricity—on a scale sufficient to supply a city are years away. Nuclear-power plants are being phased out (this week’s court decision that the closure of a plant in Hesse was illegal will raise costs even more, as it may entitle the operator to more compensation). So conventional power plants have to stay online in order to assure continuous supply. 

Debacle, Disaster, Fiasco…

Just a reminder here again: “There is no free lunch.” Honest.

Lunch

Government intervention at its best (again). Germany’s deliberate attempt to make its energy greener using price guarantees and mandatory quotas for green energy IS NOT WORKING.

Try and remember: The whole idea was to make renewable energy more competitive and, therefore, in the end, cheaper. Well this attempt is so not working right now that German consumers pay higher prices now than ever before and German industry is soon to follow. And this, even though there is actually an oversupply of power. In essence, an energy bubble has been created because Germany’s renewable energy producers get a guaranteed minimum price for what they produce (this now includes farmers and communities and anybody else who can still get into the ponzi scheme).

Imagine you have various consumers going to a grocery store. Some of them want to buy a bottle of beer for 1 USD. Others would like to buy a bottle of champagne for 30 USD. In normal life people would just pay 1 USD for the beer and bubble-lovers would pay 30 USD for champagne. The German energy market is different. People who want the champagne pay 2 USD for it and those who want beer have to pay 2 USD. It’s a good deal for the champagne drinkers, getting subsidized by the beer buyers.

…Perhaps the least fair part of the whole scheme is how these prices disproportionately impact low-income households, who are forced to subsidize green energy for richer families to support politicians’ green energy visions.