Quill Robinson writes in Reason on Germany’s failed bid to be the global climate leader.
- While Germany’s goal to reduce greenhouse gas emissions was well-intentioned, its implementation has been disastrous.
- Germany is projected to miss its carbon emissions goals for at least the next two year as the government has shut down nuclear power in favor of renewables and Russian natural gas.
- While renewables certainly have a role to play, markets, not governments, should be picking energy winners and losers.
- Global leaders should learn from Germany’s mistakes and reduce emissions through market forces and economic freedom.
“The Energiewende has consequences beyond German borders too. The country can’t meet its energy needs with domestic wind, solar, and coal production. So Germans are eagerly awaiting the completion of Nord Stream 2, a pipeline that will deliver natural gas from Russia. It will pump fossil fuel into Germany while lining the pockets of Russian oligarchs with cash. Those excommunicated nuclear plants would have provided emissions-free energy without any reliance on Russia.”
Read the full article here.
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