Posted by Tory Aardvark
On January 1st 2012 the EU Green flying tax came into being and was immediately greeted with global opposition and every likelihood of a global trade war where the bankrupt EU takes on the rest of the world.
Germany was one of the first countries to start Greening their economy, which has turned out to be the usual Green financial disaster as energy intensive industry is deserting Germany in droves for countries with a more realistic energy policies that are not hamstrung by devotion to Climate Religion.
German Solar has been a €100 billion economic disaster, wind farms have been built with no way to connect to the German electrical grid and a report in January from the European Institute for Climate and Energy (EIKE) said that renewable energy was destroying the German economy.
There is no doubt that the mighty German economy is feeling the pressure of the Euro crisis, and most of all, the ever more expensive Green renewable energy bill which is why Germany will slash Green solar subsidies by 30% from March 9th this year, this action is widely regarded by the Green subsidy junkies and ecomentalist NGOs as the death of German solar.
Now the very last thing the German economy needs is a global trade war: Read the rest of this entry →