"Gone with the wind“
The German government’s trademark Energiewende policy has failed, write Angela Hennersdorf, Niklas Hoyer, Andreas Macho and Dieter Schnaas in a feature article for business weekly WirtschaftsWoche. Despite ongoing high public support for the project, electricity is now politically charged and too expensive, and the country will fail to meet its climate goals, they say. In particular, the support system of renewables should be changed, as an array of reform proposals shows, they write.
Find the WirtschaftsWoche article here (behind paywall).
Read a CLEW article on the debate on financing renewables.