An object lesson on ‘renewable energy’

From the report of the RW Institute (Essen, Germany)

Proponents of renewable energies often regard the requirement for more workers to produce a given amount of energy as a benefit, failing to recognize that this lowers the output potential of the economy and is hence counterproductive to net job creation. Significant research shows that initial employment benefits from renewable policies soon turn negative as additional costs are incurred. Trade- and other assumptions in those studies claiming positive employment turn out to be unsupportable.

In the end, Germany’s PV [photovoltaic] promotion has become a subsidization regime that, on a per-worker basis, has reached a level that far exceeds average wages, with per-worker subsidies as high as 175,000 Euros (US $ 240,000).

Due to their backup energy requirements, it turns out that any increased energy security possibly afforded by installing large PV and wind capacity is undermined by reliance on fuel sources -- principally gas that must be imported to meet domestic demand. That much of this gas is imported from unreliable suppliers calls energy security claims further into question.

Although Germany’s promotion of renewable energies is commonly portrayed in the media as setting a “shining example in providing a harvest for the world” (The Guardian 2007), we would instead regard [Germany’s] experience as a cautionary tale of massively expensive environmental and energy policy that is devoid of economic and environmental benefits.

SOURCE

I like the word used for wind-energy in a Dutch summary of the above: "subsidieslurpers" -- JR

Posted by John Ray (M.A.; Ph.D.). For a daily critique of Leftist activities, see DISSECTING LEFTISM. To keep up with attacks on free speech see TONGUE-TIED. Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me here

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