Consumer energy bills have been spiking for years to the point where electricity in the country has been called a “luxury good” by major media outlets. German households have seen electricity prices more than double in the last decade “increasing from €0.14/kilowatt hour (kWh) ($0.18) in 2000 to more than €0.29/kWh ($0.38) in 2013,” according to FAA. This is compared to U.S. household prices, which have been stable at $0.13 per kilowatt hour over the last decade.
FAA also reports that German consumers will pay $31.1 billion for energy subsidies this year alone. Furthermore, in the past five years Germany has suffered $67.6 billion in net export losses from high energy costs — a huge blow to an export-led economy like Germany.The good news: coal is so cheap, it will more than make up for the "luxury tax" Germans are paying for their electricity. Remember this rule of thumb: for every 1 megawatt of "green energy," public utilities need to install a half megawatt of coal-energy as backup when the sun ain't shining; and the wind ain't blowin'. Just another inconvenient truth.
Global Warming Records Shattered
IceAgeNow is reporting more than 2,070 cold records were broken in the United States in the past seven (7) days.
At some point, all these weather reports will coalesce into a climate report. Until then, it's just a reminder that there has been no global warming for the past 18 years.
"Bouvert Island is running 40 degrees below normal...."
"Northern Portugal records coldest July in decades ..."
Bouvert Island is a Norwegian dependency located about a thousand miles off the north coast of Antarctica. Portugal is .... well, if I need to explain that....