End Of The Wirtschaftswunder? Germany's Sudden Slowdown

Germany’s Green Energy Policy Beginning To Strangle Economy

By Guest Column Dr. Benny Peiser—— Bio and Archives--August 18, 2014

Global Warming-Energy-Environment | Comments | Back To Full Article

Chancellor Angela Merkel’s abrupt exit from nuclear energy after the Fukushima disaster in Japan and aggressive push into renewables has unnerved German industry. A recent overhaul of the country’s complex renewable energy law has done little to alleviate uncertainty over future policy or assuage fears about German energy competitiveness. “Energy intensive industries in particular have lost confidence in the future of Germany as a business location,” said Thomas Mayer, a former chief economist at Deutsche Bank. --Reuters, 16 August 2014

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