- Aug 6, 2012
- 28,098
- 24,883
- 2,405
Amazing. Aren't you all so glad Trump DIDN'T enter the Paris Accord? Theft of taxpayers. Plain and simple.
Germany Won’t Meet Its Global Warming Targets Despite Spending $200 Billion On Green Energy
The German government admitted it won’t be reaching its lauded emissions target, an embarrassment for a country that has spent billions in an effort to become an international leader in renewable energy.
Svenja Schulze, Germany’s environment minister, announced Monday that the country will likely fail to reach its goal of reducing carbon emissions by 40 percent by 2020 compared to 1990 levels. Experts predict the rate will be cut by 32 percent at best. Officials are instead moving forward with an emissions target of 55 percent by 2050.
The announcement highlights a fumble for the German government, which has made its citizens shoulder a large financial burden to promote solar and wind technology.
Germany has spent an estimated $200 billion on a sweeping green energy initiative that has spanned over two decades. Energiewende — a German phrase meaning “energy transition” — is the country’s name for its transition away from fossil fuels and toward renewable energy. The plan broadly aims to slash its pollution rate by shutting down coal and nuclear plants in favor of solar, wind and biofuel energy sources. Energiewende has come at great expense to the average German, who has paid an estimated $2,500 to prop up these various programs.
Germany Won’t Meet Its Global Warming Targets Despite Spending $200 Billion On Green Energy
The German government admitted it won’t be reaching its lauded emissions target, an embarrassment for a country that has spent billions in an effort to become an international leader in renewable energy.
Svenja Schulze, Germany’s environment minister, announced Monday that the country will likely fail to reach its goal of reducing carbon emissions by 40 percent by 2020 compared to 1990 levels. Experts predict the rate will be cut by 32 percent at best. Officials are instead moving forward with an emissions target of 55 percent by 2050.
The announcement highlights a fumble for the German government, which has made its citizens shoulder a large financial burden to promote solar and wind technology.
Germany has spent an estimated $200 billion on a sweeping green energy initiative that has spanned over two decades. Energiewende — a German phrase meaning “energy transition” — is the country’s name for its transition away from fossil fuels and toward renewable energy. The plan broadly aims to slash its pollution rate by shutting down coal and nuclear plants in favor of solar, wind and biofuel energy sources. Energiewende has come at great expense to the average German, who has paid an estimated $2,500 to prop up these various programs.
