Germany Shift to Renewables will cost at least $1.3 trillion and increased CO2 emissions now and for many years with more coal usage
1. Germany’s plan to transform its energy system to one reliant on renewable power as it phases out nuclear energy could cost up to €1 trillion, German energy and environment minister Peter Altmaier has publicly admitted. Feed-in tariffs supporting renewable energy could account for over two-thirds of the cost. In an in-depth interview with Frankfurter …