Now we’re in a subsidy race.
It’s a subsidize the renewable energy sector race. The rules are simple: The country that wastes the most taxpayer money on technologies that can never, under any realistic scenario, meet the electricity demands of the given country, wins. And the others turn Green with envy.
Analysis: U.S. green subsidies heighten fears for German industry – U.S. subsidies add to threats to German manufacturing base.
Whew. Thank goodness the government intervened in time.
German of the day: Energieverbrauch. That means energy consumption. And concerned Germans just can’t seem to consume enough of it these days.
Despite the German government’s calls for savings, energy consumption by citizens in Germany has not fallen. According to the Federal Network Agency, consumption by private households and smaller commercial customers last week was almost ten percent higher than in previous years.
When you can get subsidies from the German government instead.
It’s not like they’re letting you build the cars anyway.
The German government is finalizing a subsidy package that could give Tesla (TSLA) over $1 billion in government funding for its new battery factory at Gigafactory Berlin.
After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project will also include a large battery cell factory.
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).
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.
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.
Sometimes relationships just don’t make sense anymore.
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?
Twenty years of government subsidies apparently aren’t enough to make German wind parks profitable.
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?
How the hell do they do this? It’s magic.
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.
Why Germany is so poor it can’t even put its two cents in the conversation.
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.
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.
“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.
Observing Hermann 