Germany’s Energiewende Is Not Just Unworkable, It Might be Illegal
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  • bpuharic

    Hmmm…seeing a bit of a double standard here. Although I’m in favor of nukes, and once had the opportunity to defend them to Ralph Nader, the fact is, as the extreme right wing economist Veronique de Rugy has pointed out, the nuclear industry across the world has some of the largest subsidies of any industry. It does little good to slam ‘green’ industries as welfare sponges without realizing nukes are the king of subsidies. Here in the US, liability for nuclear accidents is limited to $500M. Anyone think a nuclear accident like that in Fukushima would stop when it reaches that number?

    Here in PA, our local energy prices, driven by the nuclear plants in the area, have gone up over 30% in 2 years.

    • Bill_Woods

      Under Price-Anderson, the industry’s liability is more than $12 trillion.

      Pennsylvania hasn’t built any nuclear plants recently; why would old plants drive up prices?

      • bpuharic

        There’s still depreciation on nuclear equipment and amortization of loans. And don’t yell at me. Yell at De Rugy who ain’t no liberal, being a regular columnist at “National Review”

        http://reason.com/archives/2012/06/25/no-to-nukes

      • Jim__L

        What the right hand giveth, the left hand taketh away… heavy government regulations (and Green legal games) drive the prices up, subsidies drive the prices down.

  • K Bledowski

    A sensible analysis.

    One factual correction. It’s not true that “the country phased out its nuclear reactors in the wake of the Fukushima disaster”. The 2011 Bundestag vote stipulated gradual phasing out of all nuclear reactor through 2022. Nine nuclear reactors are still opearting.

  • Corlyss

    I’m eager to see how the new German position fares among an electorate brainwashed for the last 60 years about the evils of nuclear energy and the last 40 years about Mother Gaia and how the little people can save her by abandoning cheap energy and starving in the dark.

  • Pete

    Any guesses on when Germany will reverse its anti-nuclear policy?

    • Bill_Woods

      Well, Merkel won’t (again). And whatever SPD government follows her won’t either. So, with luck, whatever CDU government follows that. 2020-22?

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