Thursday, September 11, 2014

Germany's Expensive Gamble on Renewable Energy- The Wall Street Journal



online.wsj.com/articles/germanys-expensive-gamble-on-renewable-energy-1409106602




My reaction to the article was impressed but also concerned. I thought the ideas about having 80 turbines and being able to power a city the size of Munich were well thought out. The project will also protect the environment which is always a problem with energy. The article was concerning because of the impact on the economy. I thought of the problems that the US would face if Germany's economy started to decline. All of the countries in Europe would be affected because Germany has the largest economy. I disagreed that the project completely disrupt Germany's industrial base. I think it would affect it in the short term but if they keep using the resources and energy the way they are; the industrial base will collapse anyway.
However, I do agree that the logistics of the project could have been overlooked. It seems that way because there are cost overruns and regulation disputes that could disrupt the entire mission. It is a good sign that Angela Merkel is persisting that this project is extremely important because she has a ton of power in Germany.

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