Energiewende sticks it to the poor in Germany
Germany
2016
The American Interest
The American Interest: Germany’s much-ballyhooed green energy transition—its energiewende—has run up quite a tab, and policymakers are having trouble figuring out who is actually going to pay for the policies. In an attempt to kick-start fledgling renewable energy sources like wind and solar power, Berlin guaranteed producers locked-in, long-term, above-market rates called feed-in tariffs. To their credit, this plan of pushing technologies of dubious merit at any cost worked, perhaps too well