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Tag: energy costs

AP Photo/Martin Meissner

Germany Joins California in Destroying Jobs with Renewables

Germany is getting hit with the nasty combination of deflation and higher energy costs as it follows California’s lead in shifting to renewable energy. Although other factors may be contributing to its economic decline, Germany’s transition from coal and nuclear energy to wind and solar renewable energy sources is forcing industries and consumers to pay substantially higher prices.

Reuters

California’s High Cost of ‘Sustainable Power’ Kills Jobs

California’s commercial and industrial energy costs are about 37% higher than the national average in the continental United States due to Governor Brown’s 33% sustainable energy mandate. And with rates 41% to 46% higher in San Diego County than the national average, local investment and job growth are being hammered.