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| -Signs, Portents, and the Weather- |
| German anti-CO2-Titanic just found its iceberg |
| 2014-12-12 |
| 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 |
| #10 Even Atlas is saying, WTF? |
| Posted by: Alaska Paul 2014-12-12 15:08 |
| #9 Atlas is shrugging. |
| Posted by: Iblis 2014-12-12 11:01 |
| #8 ...pretty much defines a normative aspect of the Left. Bitterly fight for petty power locally while events and human behavior outside spell doom to fantasy worlds they construct. |
| Posted by: Procopius2k 2014-12-12 10:39 |
| #7 Sounds like the survival instinct department has gone haywire. |
| Posted by: Alaska Paul 2014-12-12 10:11 |
| #6 Let's see the best time to cut the power off would be when their is maximum cloud cover and freezing cold still air days. Sounds like Germany in the winter all right. Putin will probably make some gas and oil offers around the same time. |
| Posted by: Vespasian Sholuting3430 2014-12-12 10:02 |
| #5 According to the Sci Am article on solar this month, power companies are starting to charge customers who have gone partially solar as much as $100 per month to support the expense of the grid and replace lost revenue. Maybe the govt will start taxing off-grid households for this soon. |
| Posted by: KBK 2014-12-12 09:04 |
| #4 Soon to come to a state near you unless this insanity is stopped. |
| Posted by: AlanC 2014-12-12 08:15 |
| #3 While arrogantly claiming the role of a vanguard policy-maker with respect to climate-saving measures, German politicians have entangled themselves in a maze of conflicting interests and harsh realities restraining their actions to near-immobility. How socialist of them! But Champ can retire before his ship hits the iceberg. |
| Posted by: Bobby 2014-12-12 08:07 |
| #2 Something that can't go on, won't. |
| Posted by: g(r)omgoru 2014-12-12 04:36 |
| #1 Hahahaha.... I love it. This isn't a bluff. This is dead man p0ker. You call, you lose. |
| Posted by: DarthVader 2014-12-12 00:27 |