Cost Of Germany’s “Energiewende” To Soar To €31 Billion This Year Alone
Eurostat estimates that in 2015 carbon dioxide (CO2) emissions from fossil fuel combustion increased by 0.7% in the European Union (EU), compared with the previous year. —European Commission, 3 May 2016
Germany’s carbon dioxide emissions increased by an estimated 10 million tonnes from 2014 to 2015, in a blow to the country’s claims to climate leadership. A 2011 decision to phase out nuclear power within a decade has seen dirty coal maintain a significant share of the energy mix. As a result, progress on emissions has slowed. A decrease in 2011 was followed by increases in 2012 and 2013. –Megan Darby, Climate Home, 14 Match 2016
According to the Institute of German Business (IW) the cost of Germany’s once highly touted “Energiewende” (transition to green energy) will soar to a whopping €31 billion ($35 billion) in 2016 alone, thus further burdening the already ailing German consumer The Energiewende is morphing into a central planning folly of the scale matched only by the Venezuelan Chavez communists. –Pierre Gosselin, No Tricks Zone, 3 May 2016
CO2 Emissions In The EU Have Increased In 2015, Despite €1 Trillion In Green Subsidies
Eurostat estimates that in 2015 carbon dioxide (CO2) emissions from fossil fuel combustion increased by 0.7% in the European Union (EU), compared with the previous year.
CO2 emissions are a major contributor to global warming and account for around 80% of all EU greenhouse gas emissions. They are influenced by factors such as climate conditions, economic growth, size of the population, transport and industrial activities. Various EU energy efficiency initiatives aim to reduce emissions of CO2 and other greenhouse gases. It should also be noted that imports and exports of energy products have an impact on CO2 emissions in the country where fossil fuels are burned: for example if coal is imported this leads to an increase in emissions, while if electricity is imported, it has no direct effect on emissions in the importing country, as these would be reported in the exporting country where it is produced.
This information on early estimates of CO2 emissions from energy use for 2015 is published by Eurostat, the statistical office of the European Union.