{"id":256657,"date":"2023-05-09T21:05:18","date_gmt":"2023-05-09T19:05:18","guid":{"rendered":"https:\/\/climatescience.press\/?p=256657"},"modified":"2023-05-09T21:05:28","modified_gmt":"2023-05-09T19:05:28","slug":"germany-opens-the-door-to-high-inflation-with-an-80-green-energy-bill-subsidy-proposal","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=256657","title":{"rendered":"Germany Opens the Door to High Inflation, with an 80% Green Energy Bill Subsidy Proposal"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From Watts Up With That?<\/a><\/p>\n\n\n\n

Essay by Eric Worrall<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The plan is to continue the subsidy, until investment in renewables brings energy prices down.<\/p>\n\n\n\n

\n

Germany considers electricity price cap to support industry<\/strong><\/p>\n\n\n\n

05\/05\/2023May 5, 2023<\/p>\n\n\n\n

Economy Minister Robert Habeck wants to support German industry for years to come with lower electricity prices. His electricity price cap proposal is intended to ensure that energy-intensive companies remain in Germany.<\/p>\n\n\n\n

Germany\u2019s Economy Minister Robert Habeck<\/a> on Friday unveiled plans to cap electricity prices for energy-intensive industries to protect the sector from sharp cost increases.<\/p>\n\n\n\n

According to the plan, the upper limit of \u20ac0.06 (roughly $0.07) per kilowatt hour (KWh) should apply until 2030.<\/p>\n\n\n\n

It should cover at least 80% of the electricity consumption of a clearly defined group of German companies from energy-intensive industries such as chemicals, steel and glass manufacturing.<\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

Habeck, who represents the Greens in the government, is perhaps counterintuitively recommending that the taxpayer subsidize some of Germany\u2019s biggest polluters. He described the proposal as a necessary long-term \u201cbridge\u201d solution until renewable capacity is expanded and prices fall. Otherwise, the government argues, there\u2019s a risk that the major employers and sometimes systemically important industries relocate from the country. <\/p>\n\n\n\n

\u2026<\/p>\n\n\n\n

The idea was \u201ceconomically unwise\u201d, said Lindner, whose party the FDP has championed Germany\u2019s balanced-budget orthodoxy.<\/p>\n\n\n\n

\u2026Read more: https:\/\/www.dw.com\/en\/germany-considers-electricity-price-cap-to-support-industry\/a-65531798<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n<\/blockquote>\n\n\n\n

I had high hopes for Habeck, the green leader who admitted coal is required to solve Germany\u2019s energy crisis<\/a>. I thought, maybe it is possible a green finally came to his senses.<\/p>\n\n\n\n

I guess I was wrong.<\/p>\n\n\n\n

This latest plan is economic insanity. Renewables will not produce a sustained fall in energy prices. Even if renewables were theoretically capable of delivering a sustained fall in energy prices, Germany is too far North. German solar panels barely work in Summer. In winter at best Germany sees a few hours sunlight per day, and the skies are frequently overcast.<\/p>\n\n\n\n

What about wind power?<\/p>\n\n\n\n

If you think wind power will be enough, think again. Europe experienced a prolonged wind drought in 2021, prompting fears of \u201cglobal stilling\u201d<\/a>, a global warming driven reduction in wind speed. The wind drought which engulfed Europe in 2021 will happen again.<\/p>\n\n\n\n

Lets hope German leaders regain their senses, before they run out of money.<\/p>\n","protected":false},"excerpt":{"rendered":"

Germany considers electricity price cap to support industry<\/p>\n","protected":false},"author":121246920,"featured_media":256663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691818218,691819437,691819438,691819436,691818445],"class_list":["post-256657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-greens","tag-greens-in-the-government","tag-is-perhaps-counterintuitively-recommending-that-the-taxpayer-subsidize","tag-robert-habeck","tag-subsidy","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-14LD","jetpack-related-posts":[{"id":288307,"url":"https:\/\/climatescience.press\/?p=288307","url_meta":{"origin":256657,"position":0},"title":"Green Bloodbath:\u00a0Electricity prices in Germany three times higher than in the USA","author":"uwe.roland.gross","date":"11\/21\/2023","format":false,"excerpt":"\u00a0\u201cIf renewables are so gosh-darn cheap, why does Germany now have the highest electricity prices in Europe?\u201d\u00a0 In fact, the average cost of electricity is nearly 30 cents per kilowatt hour, almost three times higher in Germany than it is in the United States. The price of electricity in Germany\u2026","rel":"","context":"In \"CO2\"","block_context":{"text":"CO2","link":"https:\/\/climatescience.press\/?tag=co2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-500.png?fit=1080%2C567&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-500.png?fit=1080%2C567&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-500.png?fit=1080%2C567&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-500.png?fit=1080%2C567&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/image-500.png?fit=1080%2C567&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":261073,"url":"https:\/\/climatescience.press\/?p=261073","url_meta":{"origin":256657,"position":1},"title":"Sir Keir Starmer\u2019s Plans to Turn Britain into a \u2018Green Energy Superpower\u2019 will Bankrupt Households and Cripple the Economy","author":"uwe.roland.gross","date":"06\/07\/2023","format":false,"excerpt":"What effect will Sir Keir Starmer\u2019s ambition to turn Britain into a \u201cclean energy superpower\u201d and ban any further oil and gas exploration have on the price we will pay for our electricity, assuming he becomes our next Prime Minister?","rel":"","context":"In \"Bankrupt Households\"","block_context":{"text":"Bankrupt Households","link":"https:\/\/climatescience.press\/?tag=bankrupt-households"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Net-Zero-Infographic-1.6.jpg?fit=1200%2C626&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Net-Zero-Infographic-1.6.jpg?fit=1200%2C626&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Net-Zero-Infographic-1.6.jpg?fit=1200%2C626&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Net-Zero-Infographic-1.6.jpg?fit=1200%2C626&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/0Net-Zero-Infographic-1.6.jpg?fit=1200%2C626&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":431691,"url":"https:\/\/climatescience.press\/?p=431691","url_meta":{"origin":256657,"position":2},"title":"Fritz Vahrenholt: No change of policy in energy and climate policy","author":"uwe.roland.gross","date":"03\/16\/2026","format":false,"excerpt":"Vahrenholt sees this as locking in deindustrialization: high costs, unreliable supply, and ideological barriers (SPD blocking CDU ideas). 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