The Death of Green Energy in Europe! ….. No money……no Subsidies!

Posted: May 21, 2012 in Uncategorized

FINALLY!….the Green Scam is coming to a screeching halt in Europe, where it all started decades ago. The “poster children”  for us over here in the West who we  were to “emulate” by our delusional politicians seem to be pulling out of the Green Revolution that has helped to Bankrupt the European Continent along with the massive thievery which coincidently took place by the Financial parasites of Wall Street and beyond!

The EU reps have backed out of the Rio+20 Summit slated for next Month and this must be the reason.

Of course we here in Ontario will have to wait for this crap to hit the fan over here, but it’s coming. What we can all do now is start to list the politicians and people within our local Governments who have embraced this FRAUD and hold them responsible when the “Greenies start shedding black tears”!

Leaked Strategy Paper: EU Plans To Phase Out Green Energy Subsidies

19 May 2012 Hendrik Kafsack, Frankfurter Allgemeine Zeitung GWPF

The economic cost of the expansion of renewable energy could become prohibitively expensive. Subsidies in the EU for solar and wind power should be phased out as quickly as possible. That is what the European Commission says in an internal draft strategy paper that EU Energy Commissioner, Günther Oettinger, will present in Brussels early next month.

Günther Oettinger, EU energy commissioner

Günther Oettinger, EU energy commissioner

In doing so, the EU Commission is supporting the German government which wants to reduce solar subsidies by up to 30 percent, a plan which has met with resistance in the Upper House of the German Parliament.

The expansion and especially the maturity of renewable energy such as solar and wind power have grown much faster than expected, the strategy paper points out. The cost of photovoltaic systems, for instance, had fallen by 48 percent in the last five years. The cost for the construction of offshore wind farms had decreased by 12 percent since 2008. In light of these developments, member states would have to make their programmes more flexible to phase them out.

At the expense of taxpayers

If green subsidy programmes are too rigid, there is a risk that producers would be over-compensated and the cost of developing renewable energy would become intolerable, the paper warns. The sharp decline in the cost of many new green energy sources together with the strong expansion of solar and wind energy had driven the cost for consumers and, in some cases, for taxpayers sharply higher. For many people, energy costs were already too high, especially in light of the difficult economic situation today. The price for renewable energy such as solar and wind power would therefore have to be left entirely to the forces of the free market and as quickly as possible.

However, the Commission does not intend to abolish all forms of renewable subsidies. The development of newer green energy sources, such as geothermal or novel solar thermal power plants, that are not yet commercially viable should be encouraged even beyond the year 2020.

READ MORE HERE:

Advertisements
Comments
  1. madasabat says:

    Given current technology large scale
    green energy is not dispatchable and
    is therfore useless regardless of subsidies.
    Aside from obvious grid problems, if renewables
    have to be backed up by duplicate power
    sources (gas) 75% of the time, what is the
    point of having them to begin with, other than
    promoting the world wide scam that it is.
    Personal use renewables that can be stored
    (via batteries) are a different matter.

  2. Ben says:

    Not all green subsidies are bad. The European and American ones were. New policies here in Ontario are actually very balanced and subtle – in fact – the best I’ve seen anywhere. I personally would like to see insurance subsidies, but they have their dick in every governmental orifice.

    Check out my blog, or at least the publication http://qspace.library.queensu.ca/jspui/bitstream/1974/6879/1/LCOE%20of%20PV%20pre-print.pdf

    at that location. Very good data sets, the best I’ve seen in the world, literally.

    Cheers

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s