https://www.wsj.com/articles/worlds-dumbest-energy-policy-11548807424
Dumb environmental policies are routine across Europe—see Emmanuel Macron’s riot-inducing fuel tax in France—but even by that standard Germany’s new plan to abandon coal is notable. Having wasted uncountable billions of euros on renewables and inflicted some of Europe’s highest energy prices on German households and businesses, now Berlin is promising to kill the one reliable power source Germany has left.
That plan comes via a blue-ribbon commission that recommended over the weekend that Germany phase out coal-fired power generation by 2038. Coal currently accounts for 40% of Germany’s electricity, by far the highest proportion in northern Europe. To the extent this is creating an environmental crisis, it’s a result of more than a decade of bad green policy choices.
The energiewende, or energy transformation, championed by Chancellor Angela Merkel heavily subsidizes unreliable wind and solar power, making it uneconomical for utilities to invest in cleaner natural gas. Meanwhile, Mrs. Merkel pledged to shutter German nuclear plants in the wake of Japan’s 2011 Fukushima disaster. Utilities have fallen back on cheaper but dirtier coal to fill the supply gaps when the wind doesn’t blow or the sun isn’t shining.