Germanys switch to renewable energy is bound to fail with consumer prices at a 15-year high while wholesale prices are languishing, the chief executive of Austrian energy group Verbund said. Germanys market, due to its retreat from nuclear power after Japans 2011 Fukushima disaster, was about to collapse, Wolfgang Anzengruber said, citing a lack of necessary investment that is compounding a broken pricing model.Reuters, 30 January 2013
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Gee think that might happen here?