Tipsheet

New Study Looks at Impact of Germany's 'Green' Energy Experiment

Matt Lewis | October 19, 2009 5:32 PM

While I'm on a foreign affairs kick, the Institute for Energy Research is promoting a new study which spotlights the costs of Germany’s efforts to create a green energy industry.

This a half a trillion dollar outlay has led to German consumers paying nearly 20 percent more for their energy, a wind industry that’s totally reliant on federal subsidies, and “green jobs” that evaporate once the subsidies stop ...

Full study here (PDF).