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German anti-CO2-Titanic just found its iceberg
Too good not to share, but according to ArthurK over at Ace O'Spades:German power companies are demanding the same subsidies as the solar/wind companies are getting, or they start shutting off the juice. Bwahaha!!! Don't ever leave the Germans an opening or they will slice you up like a cheap cut of pork. From Watts Up With That: That led to an event that can be likened to the proverbial iceberg unexpectedly popping up right in front of the German state ship while it was plowing through the waves on its climate-saving mission at full-steam. With just a 48-hour notice delivered by a personal phone call to Ms. Merkel on a Saturday, the CEO of E.ON, the largest German and European power producer, let it be known that the company had decided to split itself in two, one part grouping fossil and nuclear power generation and a second part encompassing the "politically correct" activities in the field of "renewable" energies. Sort of a "Bad E.ON" / "Good E.ON" move. The intention is to get rid of the "bad" part as soon as possible by putting it up for sale. At the same time, this also means the "good" part will cease to be duty bound to ensure a stable power supply under all circumstances. Obviously, such a liability is not enforceable from an entity whose only power sources are unstable wind and solar power plants. In a nutshell, the message behind this move is that the silverback of the "big four" German energy producers who group the bulk of the country's conventional and nuclear power production is about to close shop at short notice. The others will probably follow suit. Posted by: badanov 2014-12-12 |
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