Documents > Inefficacité > Economic impacts from the promotion of renewable energies: The German experience
Final report
October 2009
"Although Germany’s promotion of renewable energies is commonly portrayed in the media as setting a "shining example in providing a harvest for the world" (The Guardian 2007), we would instead regard the country’s experience as a cautionary tale of massively expensive environmental and energy policy that is devoid of economic and environmental benefits."
Peer-reviewed study by Frondel et al, Energy Policy 38 (8) 4048-4056 (2010) and available on:
www.instituteforenergyresearch.org/germany/Germany_Study_-_FINAL.pdf