Endgame For Germany’s Industrial Power Prices: Green Deal Failure Sparks Subsidy Spiral

On Thursday, German Chancellor Friedrich Merz hosted top executives from the German steel industry at a summit in the the Chancellery to discuss solutions to the deepening crisis. Since the peak year of 2018, German steel production has fallen by around 25 percent.

Germany’s economic crisis is accelerating. Sky-high energy costs, relentless competition from China and India, and the EU’s absurd push for “green steel”—a climate-neutral variant no one demands on the world market—are pushing companies either into insolvency or out of the country.

Thursday’s meeting will bring together industry representatives, unions, and policymakers to chart the next steps for a sector facing its most severe turbulence in decades.

This is just the latest in a string of crisis summits orchestrated by the federal government for media effect. Awareness is demonstrated—solutions? Not so much. For Germany’s economy, political “solutions” increasingly mean one standard instrument: more subsidies.

A One-Issue Summit

Aside from the expected push for protective tariffs, the summit can be reduced to a single dispute: the so-called industrial electricity price. While many energy-intensive companies already receive partial relief, it is far from enough to remain internationally competitive.

Industrial electricity prices have hovered around 16–17 ct/kWh for months. German industry still pays up to 70 percent more than U.S. or French competitors, who benefit from nuclear power as their energy base.

This is the cost of the green transition.

And with it come job losses, shrinking value creation, and, for the first time, sharply declining municipal tax revenues.

Unsurprisingly, the federal government is ready to approve this subsidy. We are deep in a spiral of interventionism.

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RFK Jr. Probes Health Dangers Of Offshore Wind Turbines

eset by soaring prices, an increasingly hostile regulatory climate, and growing public opposition in coastal communities, offshore wind faces a new challenge from a powerful public official and erstwhile booster of strict climate policies.

Health and Human Services Secretary Robert F. Kennedy Jr. has ordered the Centers for Disease Control and Prevention (CDC) to investigate wind projects’ effects on the health and safety of commercial fishermen, Bloomberg News reports. Specifically, Kennedy in late summer quietly instructed CDC’s National Institute for Occupational Safety and Health to prepare such research. The office of the U.S. Surgeon General is also involved in the assessment.

Originally, the research was to be wrapped up within a couple of months, but its completion has been delayed by the government shutdown. “Work on this report has been halted solely due to the Democrat-led shutdown,” a spokesman for the Department of Health and Human Services (HHS) told Reuters.

Human Health Effects

To date, research on the human health effects of offshore wind turbines has been spotty, with a 2011 literature review finding “no peer-reviewed articles demonstrate a direct causal link between people living in proximity to modern wind turbines, the noise they emit and resulting physiological health effects,” according to The Hill.

But a study released in January by the University of Portsmouth in the U.K. warned of potentially harmful levels of metals from turbine protection systems. “The materials used to protect wind turbines from corrosion leach into the surrounding water, which could pose risks to ecosystems, seafood safety, and human health,” the study found. “Offshore wind farms release thousands of [tons] of aluminum, zinc, and iridium each year.” 

Professor Gordon Watson of the university’s School of the Environment and Life Sciences supports wind farms because of their role in reducing carbon emissions but adds, “There is limited data on how these metals affect the environment near operational offshore wind farms, so it’s hard to assess the full risks.”

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The EU’s Green Ideology Is Crashing Europe’s Car Industry

The European Green Deal, launched in 2019, is an ecological pact that has been, unequivocally, an enemy of European taxpayers and innovation. Its declared goal is to achieve net-zero emissions by 2050 through a dense web of regulations that reach deep into every sector of the European economy. More than any other sector, the automotive industry is being put at risk of an irreversible crash.

Pressuring companies and citizens alike, the pact promotes the renunciation of capitalism, an inevitable sacrifice in the name of green policies. Such binding commitments will have severe economic consequences for a European Union increasingly weakened by its own laws and regulations.

At the heart of the Deal, by 2035, all new cars sold within the European Union are expected to be electric, imposing a total ban on combustion and engine vehicles. The problem is that this goal, far from being an environmental triumph, represents a deeply ideological political intrusion, an act of social engineering with an anti-capitalist character, disguised as green progress but detached from economic reality. The consequences are serious for the European automotive sector.

It is important to recall that this industry is one of the pillars of the European economy, representing over 7% of the EU’s GDP and around 13.8 million direct and indirect jobs.

Yet the sector now faces the prospect of mass layoffs, relocation of production, and a loss of global influence as a direct consequence of this heavy-handed Deal. Core EU countries such as Germany and Italy have already voiced resistance, warning of the economic and social consequences of a forced transition that ignores the continent’s technological and energy realities.

CEO of Mercedes-Benz, Ola Källenius, stated that the EU’s plan to eliminate combustion engines by 2035 would drive the sector “full speed into a wall.” His words, though strong, capture the growing sense of unease among Europe’s leading manufacturers.

The pressure is twofold. Internally, profit margins are shrinking as companies divert billions into forced electrification. Externally, they face fierce competition from China, with brands such as BYD and NIO, backed by an aggressive industrial policy, consolidated supply chains, and technological dominance in batteries. This combination allows Chinese manufacturers to produce at lower costs and scale faster.

Meanwhile, European brands struggle to survive between the high costs of transition and Asian price dumping, which has already led Brussels to impose additional tariffs of 30–40% on Chinese electric vehicles. 

The interventionist posture of Brussels remains unchanged, failing to understand that regulation only breeds more regulation, and inevitably creates market distortions that harm both businesses and consumers.

Europe is imposing a single path on manufacturers—electric cars—while the automotive sector itself argues that it is possible to meet environmental goals through multiple technological solutions. Brands such as Mercedes, Porsche, Ferrari, and Stellantis maintain that the transition can and should be technologically neutral, allowing electric, hybrid, e-fuel, and hydrogen vehicles to compete on equal terms. The goal, they say, must be to reduce emissions, not to eliminate technologies for ideological reasons. Instead of encouraging innovation, Brussels dictates by decree what may exist and what must disappear, ignoring the knowledge and experience of those who actually build the industry.

Synthetic fuels, produced from green hydrogen and captured CO₂, are the clearest example of a more appealing alternative: they drastically reduce emissions without leading to the destruction of engines, factories, and jobs, demonstrating that true innovation arises from freedom of choice, not political imposition.

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Europe’s Solar Surge Exposes Cracks In Aging Power Grid: Analysts

Europe’s solar power boom is putting huge pressure on electricity grids that were never built to handle this much renewable energy, say analysts.

As a record number of new solar panels are being installed every year, the old grid system is struggling to keep up.

Solar generation capacity in the European Union continues to increase and reached an estimated 338 GW by 2024, according to SolarPower Europe.

To curb its dependence on Russian energy and accelerate its green transition, the EU set a goal in 2022 to install at least 700 gigawatts of solar power by 2030, enough to supply electricity to hundreds of millions of homes.

But the rapid expansion has exposed cracks in Europe’s energy system, threatening to slow the transition unless grids catch up.

Europe’s power grids faced a surge in voltage problems last year, with 8,645 over-voltage incidents reported in 2024—nearly 10 times more than in 2023, according to the European Network of Transmission System Operators for Electricity (ENTSO-E).

Aging distribution infrastructure complicates the issue. Industry group Eurelectric estimates that nearly half of Europe’s distribution networks will be more than 40 years old by 2030.

Energy analyst and project lead at the Helmholtz Center Berlin, Susanne Nies, told The Epoch Times that Europe’s power system is under heavy strain because it was designed for a time when electricity made up only a small share of total energy use.

“When you go to the countryside and countries like France or even Germany, those grids have been built in the 50s. They are really nearly 70 years old,” she said.

Europe’s electricity system was initially designed for one-way flows—from large power plants to homes and businesses, Nies explained, adding that now it must handle power flowing in both directions, as millions of solar panels feed energy back into the grid.

She said today’s grid needs to combine large regional “super grids” with smaller, local systems that can operate independently during emergencies.

Harry Wilkinson, head of policy at the Global Warming Policy Foundation, said the challenge is not only that Europe’s grid is aging but that it must be vastly expanded to connect power sources that are far more scattered than in the past.

“Just the physical amount of additional cabling that you have to add to the grid, to connect, that is a big challenge, just in itself,” he said.

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America’s Power Bill Crisis Rages In Democrat-Run States

The epicenter of America’s power bill inflation crisis stretches across the Mid-Atlantic and Northeast, where far-left state and city leaders have swallowed the globalist “climate crisis” pill, which even Bill Gates admitted last week that the climate crisis narrative was fake news.

The result of these leftist extremist “green” policies has been the systematic degradation of regional power grids in Mid-Atlantic and Northeast states, as reliable fossil-fuel generation was prematurely retired in favor of unreliable, intermittent solar and wind. These nation-destroying green policies have gutted spare grid capacity (read here) just as demand surges from data centers, onshoring, and the broader electrification push (read here), culminating in today’s power bill crisis. 

A recent Goldman Sachs report by analyst Carly Davenport found that “higher power bill inflation has been the most pronounced in the Northeast, Mid-Atlantic, and California in the past three years.”

It’s no secret that the Northeast, Mid-Atlantic, and California are governed primarily by Democratic leaders who have pushed at least a decade of climate crisis hoax narratives to justify massive “green” funding, some of which was funneled into NGOs, and to advance the progressive utopia narrative that solar and wind power would deliver clean skies and save, most importantly, planet Earth from immient climate catastrophe. Yet this fantasy was far from reality. There was never going to be a green utopia, only what millions of Americans across these states are now realizing: unaccountable Democrats have left them with a power bill crisis.

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California’s Retirement Fund Lost 71% Of $468M Investment In Clean Energy And Won’t Say How

The California Public Employees’ Retirement System (CalPERS) lost roughly 71% of its $468 million investment in a clean-energy and technology private equity fund – and won’t explain how. The losses highlight growing concerns about the pension giant’s private equity strategy, which relies heavily on opaque, illiquid investments and leaves taxpayers ultimately on the hook.

According to state records analyzed by the Center Square, the CalPERS Clean Energy & Technology Fund (CETF), launched in 2007, has seen its value fall from a total commitment of $468.4 million to $138 million as of March 31, 2025. That represents a loss of more than $330 million, even after paying $22 million in fees and costs to private equity managers.

CalPERS’ overall returns for fiscal 2024–2025 were 11.6%, with public equities returning 16.8% and private equity 14.3%. The similar performance between the two asset classes has raised questions about whether the complexity and cost of private equity are worth it.

“If you can get these kinds of returns on the public markets, why bother with all the complexities and the illiquidity involved in private equity?” said Marc Joffe, a public finance expert and visiting fellow at the California Policy Center, in an interview with The Center Square.

Joffe said the CETF losses underscore “the combined dangers of private equity and ESG investment,” describing it as an opaque strategy that appears driven by “green credentials” rather than returns. “CalPERS would be better off focusing on a diverse portfolio of publicly traded equities to get better long-term returns,” he said.

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Shock New Report Lays Out The Full Scale Of Environmental Damage Caused by Onshore Wind Turbines

Fresh insights into the ecological devastation caused by onshore wind turbines around the world are contained in a shocking new paper published last month by a group of ecologists in Nature. The paper is paywalled and has attracted little mainstream media interest, but it highlights research that illustrates that the effect of utility-scale wind energy production “can be far reaching and sometimes have large and unexpected consequences for biodiversity”.

An annual figure of around one million bats are killed in the countries with the highest number of turbines, but harmful effects are seen in many other parts of the ecosystem. The number of top predators such as jaguars, jungle cats and golden jackals can be changed by turbines in tropical forest gaps leading to the “possibility for cascading effects” along similar latitudinal levels. 

In short, the science team notes that turbines can kill birds, bats and insects, change animal behaviour, physiology and demography and alter ecosystems. The installation of wind turbines invariably results in habitat degradation, but it is regions rich in biodiversity with minimal existing infrastructure that suffer the most.

The authors state that wind facilities “are recognised as an important driver for losses and degradation of irreplaceable habitats that are important for conservation.” Such areas, of course, can be found in the windy highlands of Scotland. For City-dwelling eco zealots, it is a case of out of sight, out of mind. Net Zero is all about money and power – bats and eagles have neither.

The Nature paper is a wake-up call about the increasing damage that is being inflicted on natural habitats by wind turbines that are steadily increasing in size and destructive potential. It is a summary of the latest findings about the effect of turbines and it is not sanguine about the future.

“Perhaps the greatest unknown in predicting future effects of wind power on biodiversity lies in the scope of the potential expansion of the technology and the cumulative consequences of this expansion for species and ecosystems”. A 2021 USA report on the potential pathways to Net Zero emissions is noted and this suggests using up to 13% of the land area for wind farms. The new Trump Administration is likely to put a stop to this madness which the scientists observe could have “dramatic consequences for biodiversity”.

The BP Deepwater Horizon accident is generally considered the worse US offshore oil spill. Estimates vary but it is thought to have led to the deaths of around 600,000 sea birds and the incident led to widespread condemnation by environmentalists that continues to this day. Slightly less publicity is given to the 500,000 bats killed onshore in the US by wind turbines every single year. In the UK, 30,000 is the estimated annual kill number, with Canada at 50,000 and 200,000 in Germany.

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STOP THE LUNACY: EU Tries To Push Back Against US Demands That They Scrap Their ‘Green’ Climate-Hoax Legislation

Brussels won’t let go of its pet delusions.

Besides implementing common-sense policies in his US administration, Donald J. Trump is also flexing his geopolitical muscles to prod European allies away from the many Globalist – and suicidal – policies emanating from Brussels.

This realignment of priorities impacts policies in areas such as border protection and immigration, defense, free speech, racial tensions, gender confusion, and – of course – the church of climate change and their ‘Net-zero’ delusions that are killing European economies.

This US pressure is exerted both overtly and behind closed doors.

So, yesterday (11), it emerged that the European Commission is ‘defending its autonomous power to adopt laws’ in response to US pressure to roll back the EU’s insane environmental legislation.

Euronews reported:

“The European Commission on Thursday rejected the US’ demands regarding its environmental regulations, which Washington considers too restrictive for its companies.

‘Our laws, our European regulatory authority, is not up for discussion’, Commission deputy spokesperson Olof Gill said, making it clear the EU would not roll back on its power to adopt legislation.”

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Wind, Solar Projects Can Stick Taxpayers With The Tab Coming And Going

When it comes to our energy future, it is often true that what many on the left consider an enlightened long-term view is in fact short-sightedness that fails to reflect the full consequences of their actions.  

Such is the case with the liberal media’s fawning over the Republican governor of Wyoming for his embrace of “alternatives,” including a glowing profile last year on CBS’ “60 Minutes” for his advocacy for wind turbines. “Wyoming Gov. Mark Gordon pursues green, carbon-negative agenda in one of the nation’s reddest states,” trumpeted the online version of the piece. 

Many Wyoming residents are not on board, including from his own party. The state GOP passed a “no confidence” vote on Gordon in 2023 after his climate-related remarks at Harvard University. And a New York Times story (written in 2021, updated in 2023) on Wyoming’s energy landscape noted that many residents have frequent complaints about turbines taking over hunting land, lights polluting the night sky and energy transmitted out of state. The controversy has dragged on into 2025.  

For Gordon and others, “Wyoming is very windy” seems to be the simplified justification for erecting unsightly wind turbines across the landscape. But what makes a Republican official’s championing of wind or solar concerning is not so much his belief in the (dubious) effectiveness of the energy source as appearing to brush aside the actual cost to taxpayers.  

How many wind and solar farms have sprung up across the U.S.? Estimates show nearly 1,400 utility-scale wind farms and more than 6,700 solar farms. Those farms consist of more than 70,000 individual wind turbines and more than 200 million solar panels, (according to AI calculations based on available information on estimated capacity data and individual panel wattages).  

It’s important to understand the vast array of individual wind and solar components because someday, starting in the not-too-distant future, they will individually wear out. What happens then? 

According to government estimates, many turbines are already nearing end-life status, meaning they will either need “repowered” or decommissioned. “The time to disassemble, demolish, and remove wind turbine components and wind energy project-related infrastructure and conduct restoration activities can be 6–24 months, depending on the size of the turbines and the number of turbines involved in the project,” according to government guidelines.  

For solar installations, the issue is even more pressing. “By 2030, the United States will need to manage around one million tons of solar panel waste,” according to a recycling industry estimate. “This number is expected to grow to 10 million tons by 2050, making the U.S. the second-largest producer of solar panel waste globally. Currently, only about 10% of decommissioned panels are properly recycled, despite containing valuable materials like silver, silicon, and aluminum.” 

Proponents of “alternatives” insist that the costs for decommissioning wind and solar installations are typically assumed by companies through agreements negotiated at the time of construction. That’s small comfort considering that more than 100 solar companies have gone bankrupt in recent years, including residential, community solar projects and utility-scale installations. The year 2024 “saw an uptick in bankruptcy filings in each of these three sub-categories,” according to one industry tracker

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The Sun Is Setting on Solar Scamming As A Real End to 47 Years of Taxpayer Subsidies Is Finally on the Horizon

Solar construction firm Blue Ridge Power issues mass worker layoff in North Carolina,” read the article in pv magazine. “The utility-scale solar engineering, procurement and construction firm filed a WARN act with the state, cutting over 500 jobs.”

Much of the rooftop solar industry is in liquidation mode, and now the central station “utility scale” solar industry is in trouble. Expect more of the same in the next months as solar subsidies and local opposition (the environmental grassroots) grows. The delayed end of the Investment Tax Credit (30 percent credit) and the Production Tax Credit (2.8 cents/kWh) will cause a rush to the exits before the credits expire at the end of 2027 (with credits at risk for projects not started by July 4, 2026).

Blue Ridge is a primary industrial solar installer in South and North Carolina, with 8,000 MW installed and 1,200 MW under construction in 14 states. Some quotations from Ryan Kennedy‘s September 23, 2025, recap:

“Blue Ridge Power has experienced market headwinds similar to those impacting the entire renewable energy industry, requiring Pine Gate Renewables to dedicate significant resources to support the organization. After reviewing numerous options to find a path forward, Pine Gate made the difficult decision to conduct an orderly wind-down of Blue Ridge Power,” said Pine Gate Renewables in a statement.

And on the macro situation:

E2 research shows that since January 2025, businesses cancelled more than $22 billion of planned clean energy factories and projects that were expected to create 16,500 jobs. Analysis by Energy Innovation suggests that more than 830,000 jobs could be lost due to policy rollbacks created by the Trump Administration’s One Big Beautiful Bill Act.

The U.S. clean energy workforce now stands at 3.56 million. In 2024, 7% of all new jobs in the United States were in clean energy, and clean energy represented 82% of all new energy sector jobs. However, approximately 50,000 fewer jobs were created in 2024 as compared to 2023.

“What these numbers show is that this was one of the hottest and most promising job sectors in the country at the end of 2024,” said Bob Keefe, E2’s executive director. “Now, clean energy job growth is at serious risk – and with it, our overall economy.”

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