by Robert Maynard
There is a Gospel saying about both falling into a pit when the blind leads the blind. That is exactly the image which comes to mind in reading this article about Vermont following Germany’s lead in subsidizing costly and inefficient alternative energy sources: “In the aftermath of Fukushima and Al Gore’s Inconvenient Truth, Germany rushed madly, in a state of collective hysteria, to alternative energies, ignoring all warnings that it would cost a bundle and wouldn’t work. Now with the big bills rolling in, the country is beginning to show some signs of returning to a little sanity.” Sound familiar?
The article quotes a a German Financial Times piece, which explains that the German people are starting to realize that the whole scheme was really more about lining certain pockets than it was about following a reasonable energy policy: “Slowly it is beginning to dawn: The energy transformation is not only stalling, but it is also is exposing the well-hidden secret that it has long been a huge redistribution program from the bottom up.” More specifically: it’s about large landowners and farmers parking Ferraris between their tractors, or a famous law firm investing an 8-digit sum in a solar park with the state guaranteeing a handsome profit. It’s about a Bavarian farmer with hundreds of solar panels on his barn’s roof laughing his way to the bank: “That’s 20,000 euros per month.”
Of course this realization is pulling the curtain back and revealing the true face of the German Socialists: “The German socialist and green parties used to be about protecting the little guy, making sure that their money and assets don’t get transferred from the bottom to the top. Today, however, they’re making sure that it does get transferred to the top! It just happens many Greens and socialist honchos are at the top reaping the benefits of political sellout.”
Unfortunately for the German Greens and Socialists, the costs of their scheme are staring to pile up: “… a few days ago the Consumer Protection Agency complained about high electricity costs: In 2007 every household paid on average 35 euros for alternative energies. Beginning in 2013, when the share in the costs rises from 3.5 cents to 5 cents, that number will jump to 185 euros.”
Quoting again for the German Financial Times, the author zeroes in on the main point:
We should at least be honest – these are times when armies of corporate representatives and “advisers” from Enercon, Repower, or the numerous obscure solar companies are invading the countryside. It is not about a lofty objective or a good cause. That’s the story that gets told at town meetings. No, it’s about money. More precisely said: it’s about lots of money for a very few – money that is being divided up between plant operators, investors, leasing companies and manufacturers. 16.4 billion euros was the energy feed-in allocation in 2011. In the coming year it is going to be 20 billion.
If you substitute VPIRG and some of Vermont’s wind company interests for the above entities, the story starts to hit home, which is exactly the conclusion the author comes to:
This is the reality that I hope my friends in Vermont are going to wake the hell up to – soon. The whole thing is a financial scam. And it is not going to have a bit of impact on the weather.
Not only is it going to cost you lots of money, but, as you are now painfully witnessing in Vermont, it is wreaking environmental damage of catastrophic dimensions. Your mountains and landscape are being devoured by industry. How do you like the face of climate protection now?