Thursday 3 May 2012

Merkel´s energy policy is "destroying the foundations of our prosperity"

Prof. Dr. Fritz Vahrenholt


"In this way we’re destroying the foundations of our prosperity. In the end what we are doing is putting the German automotive sector at risk, the steel, copper and chemical sectors, silicon, you name it."
Fritz Vahrenholty we’re destroying the foundations of our prosperity. In the end what we are doing is putting the German automotive sector at risk, the steel, copper and chemical sectors, silicon, you name it. 

The European Energy Review has a must read interview with Dr. Fritz Vahrenholt, German politician (SPD), industrialist and environmentalist, who has strongly criticized both the basic tenets of the global warming establishment and the Merkel government´s Energiewende (Energy transition policy):


Fritz Vahrenholt, head of the renewable energy arm of RWE ( the second largest electricity producer in Germany) and a former hero of the German environmental movement, has been derided in Germany as a lobbyist for the fossil fuel sector after he published a book highly critical of the global warming consensus. But Vahrenholt's message is far from simplistic. He supports the idea of an "Energy Transformation", but argues that the current German approach is too costly and even counterproductive. Germany's renewable energy policies are undermining the country's biodiversity and destroying its forests, he says in an interview with EER. He is convinced that the contribution of CO2 to global warming is being exaggerated and that there is more time to come to genuinely sustainable solutions. "We run the risk of destroying the foundations of our prosperity."

Vahrenholt also has some interesting things to say about shale gas:


"Shale gas is more than a bridge, it’s a game changer." 


Read the entire article here







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