Thursday, 24 May 2012

Green Energy Transition: Germany Fears De-Industrialisation

GWPF
"As a result of Germany's green energy transition, electricity prices are exploding. Consumers and businesses are paying the price while Germany faces gradual de-industrialisation. Economists estimate that the cost of the green energy transition will total 170 billion Euros by 2020. This is more than double of what Germany would have to write off if Greece were to withdraw from the monetary union."

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