Germany: How to Fail An Energy Transition
Decouple
00:00
What's Happening in Germany Right Now?
Noah: German industry is usually paid a electricity prices of forty 50 years per magabat hour. A german industry usually pays less than this because e german households are essentially forced to subsidize renewables over their electricity bill, which they are now taking back. After taking 500 billion eros out of a consumer's pocket to fund the reneable industry, they are now funding it out of the proffers of the state, because they want to reduce the burden on the people. I mean, habe can go on television and talk like a little child that if an industrial plant just needs to hoard its output, that doesn't mean it will grow bankrupt. But that is
Transcript
Play full episode
