In her December 28 CNN article, “How Germany Banishes Climate Myths [1],” German environment minister Barbara Hendricks argues that the climate policies enabled by her country and the EU as a whole have been an economic success.
This is nothing more than East German-style disinformation.
The reality is that Germany’s so-called “Solar Valley” has become a mothballed industrial rust belt. Nearly all solar energy manufacturers have closed their doors.
In support of her argument, Hendricks claims that while greenhouse gas emissions in the EU fell by 18% between 1990 and 2012, there was cumulative growth of 45% in the EU’s economy during this period. However, this represents a growth rate of only 2% annually, while typical investment portfolios grew by between 100% (4.5% annually) and 300% (13.6% annually) during this time.
Hendricks asserts:
Scientists have long agreed that climate action strengthens economic development and creates an opportunity for comprehensive modernization of our economies.
This makes no sense. Scientists aren’t experts on economics, and unbiased scientists never agree on such contentious matters. Hendricks continues:
The age of fossil fuel is coming to an end, just as the age of the horse and cart, the steam locomotive and the oil lamp eventually came to an end.