What we really need is a big investment in green energy, solar and wind.
What we really need is a big investment in green energy, solar and wind.
Just watch what Germany has done to its economy in the past couple years. In Germany all energy prices - and especially electric energy - are the highest on the planet! Germany is shutting down nuclear and coal energy plants but has nothing to compensate them. The only solution is to buy nuclear and coal energy from other european countries to high prices.
Wind and solar is a complete failure, economically and ecologically. Germany has invested billions in renewable energies but got nothing out of it. Only destroying its own ecnonomy. Let this be an example to all other countries.
Now, the EU is declaring gas and nuclear as environmentally friendly (maby because France is pushing) but what a complete shit show the EU has become is unbelievable. The european energy grid has gotten really fragile because there is not enough energy "production".
Corruption is everywhere. German taxpayers have to pay compensation money to coal companies because contracts between the state and these companies where terminated early. German taxpayers are paying for renewable energy sources that can never keep their promises. Again, the state signs contracts with big corporations and also gives them subsidies (taxpayer money). Now there's not enough energy available, blackouts are a real possibility but no one is resonsible.
There are no well thought out plans, only lobbyists of the corporations to get even richer, and corrupt politicians who profit from it.
[1] Headwind 21 - https://www.youtube.com/watch?v=7RgyLDVlAg4
Energy Prizes from 2008-2021: https://www.destatis.de/EN/Themes/Economy/Prices/Publication...
German here. You might have the right conclusion but but the wrong fomula.
Germany has been governed by conservatives for the last 20 years, which tried to stop renewables wherever possible because they got bribed by the big energy companies, who wanted to continue running their old plants, where no new investment impedes their profit margin.
Plans to integrate the german and norwegian energy grid, to make use of their pumped storage? Canned because "a cable is no plant and the law says energy has to come from plants".
Thousands of jobs in the renewable sector? Gutted, because of the "solardeckel", an artificial limit to capacity expansion to ensure big energy company profits.
Potential for wind capacity? Lower than 10 years ago, because the conservative government wants to appease their primarily old voter base that find wind turbines "ugly". So now you effectively can't build them in visual range of settlements anymore.
Germany started out nicely with the "energiewende", it's just been torpedoed by the conservative government over and over again.
Luckily the parties thst started it are in power again.
Is that why Germany is doing so good, by throwing money into renewables and getting nowhere?