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July 14, 2011
Germany's Giant Green ReversalThe theater of the absurd is not only in production on the banks of the Potomac, but also in Berlin. Last spring the German Government made a monumental declaration with all the pomp and circumstance included: the country would phase out all its nuclear plants by 2022, shuttering 7 immediately in the wake of the Fukushima disaster and phasing out the rest of their 10 remaining plants as quickly as possible over the next ten years. It took only 3 months for reality to rear its ugly head. Per Der Spiegel:
It should also be noted that the cost per megawatt hour of nuclear generated power is between 15 and 20 Euros (US$21-28) and the actual cost of renewable energy considering the infrastructure requirements cannot be measured as the initial investment is so massive and unaffordable. () Further virtually all of Germany's natural gas must be imported from Russia thus subjecting them to the whims of an historical foe. The German government has essentially turned to coal-fired plants as a replacement for nuclear. A spokesman for the German Federal Network Agency claimed that should a nuclear plant have to be switched back on for this winter or next, it is only a "temporary solution." After that there should be enough coal fired plants to fill the gap. This in a country that prides itself on being the world leader in "Green Awareness" as a majority of Germans believe in man's so-called devastating impact on "climate change." One wonders what Mark Twain would have to say about the abject folly of the world leaders, headlined by Barack Obama, on stage today. Perhaps the Marx Brothers would be an apt comparison except theirs was pre-meditated comedy; the current cast of characters does not realize how foolish they constantly appear. |
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