Merkel Faces 'Herculean' Task on Green Energy
The aspect of the energy policy that has drawn the greatest criticism, however, is the fact that it has been accompanied by higher electricity prices for companies and consumers alike. ...Germany's largest steelmaker, ThyssenKrupp, even blamed the policies for the sale of one of its steel mills. European Energy Commissioner Günther Oettinger has even warned: "High electricity prices have already initiated deindustrialization in Germany."
May 24, 2012
by Daryl Lindsey
in Spiegel Online
Trouble on the horizon: Angela Merkel's clean energy revolution isn't moving as quickly as she had hoped.
German Chancellor Angela Merkel held a summit Wednesday to review the lack of progress in the country's dramatic nuclear phaseout and shift to renewable energies. On the editorial pages, many commentators are critical of government policies that have caused electricity prices to soar.
As last year's Fukushima nuclear disaster began to unfold, German Chancellor Angela Merkel responded to the catastrophe by announcing nothing short of an energy revolution in Germany. By 2022, the chancellor said, the country would decommission all of its nuclear... [continue via Web link]