Germany's top economic adviser has called for a radical rethink of the country's energy policies, warning that the green dream is going badly wrong as costs spiral out of control. "We need a drastic policy shift," said Christoph Schmidt, chairman of Germany's Council of Economic Experts. "They haven't paid any attention to costs. These are now huge." The government has vowed to break dependence on fossil fuels and source 50% of all electricity from wind, solar and other renewables by 2030, and 80% by mid-century. But cost estimates have reached €1trn (£840bn) over the next 25 years, The Daily Telegraph says.
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Popular Posts
-
The Wall Street Journal reports,"the dramatic,collapse of the authority of President Viktor Yanukovych in Ukraine look...
-
Depuis deux semaines, la plus puissante démocratie du monde tient la planète en haleine, parce qu'un groupe d'élus ultraconserva...
-
"Avec la stagnation des cours des matières premières depuis plus de deux ans, les économistes commencent à s' interroger sur la ...
-
Gold Price 3months Futures US$ 1,315.09 Silver Price 3months Futures US$ 19.87
-
Después de tres años de negociaciones, el Gobierno de Ecuador está preparado para firmar un acuerdo con China valorado en US$7.000 millone...
-
According to Game Changers: Five opportunities for US growth and renewal, a report published by McKinsey Global Institute (MGI), growth in...
-
There’s a lot that cannot be said on China’s internet. And there’s much that cannot be shown as well. That’s why US-based non-profit Pro P...
-
Mine: A confidence crisis PricewaterhouseCoopers Report Download The mining industry faces a confidence crisis. Confidence o...
-
''A Sony prepara um novo dispositivo portátil, a "SmartWig", uma "peruca inteligente" que se encontra em fase ...
-
China has strongly protested against and condemned the visits of Japanese cabinet members to the controversial Yasukuni Shrine on Thursday...