The German Law on Priority for Renewable Energy started out 20 years ago. The basic concept was paying a fixed price for renewable energy for 20 years. That price was calculated to make sure people could make a profit over those 20 years. Now that the first installations under that law are falling out ofContinue reading “Nothing Wrong With EEG Payments Running Out After 20 Years”
Author Archives: kflenz
20 Gigaton is 50 btc
The solution to the global warming emergency is to radically reduce fossil fuel production by a long term production schedule modeled on the Bitcoin schedule. That one started out with 50 bitcoins every 10 minutes, which is now down to 6.25 after the third halving in May of this year. Since this is my proposalContinue reading “20 Gigaton is 50 btc”
Volker Quaschning Wrong
That is a “man bites dog” headline. Stop the presses, I found a point where I disagree with his opinions. Does not happen often. Quaschning recently blasted the new German hydrogen strategy, saying it is only done in order to misdirect people away from the government’s renewable energy policy failures, that hydrogen is extremely expensiveContinue reading “Volker Quaschning Wrong”
German Hydrogen Strategy
According to this Handelsblatt article by Klaus Stratman, the German Cabinet will approve the Hydrogen Strategy that has been discussed for some time now tomorrow. I have been writing lots of posts about hydrogen on this blog over the years. So I welcome the fact that Germany will put some effort in getting green hydrogenContinue reading “German Hydrogen Strategy”
German Offshore Wind Law Draft
Just published by the Federal Economy Ministry and approved by the Cabinet. Germany wants to achieve 20 GW until 2030 and 40 GW until 2040. As usual now prices are set by auctions, with a new twist. Since people are starting to bid 0 cents (meaning no feed-in tariff payments at all) the new lawContinue reading “German Offshore Wind Law Draft”
Muttitt on OPEC
Greg Muttitt has published a chapter on “What role for OPEC in the last generation of oil” in the 2020 “Handbook of OPEC and the Global Energy Order” which is available behind a paywall of GBP 175. Muttitt kindly mailed me his contribution, so I was able to read it before buying the book (IContinue reading “Muttitt on OPEC”
German EEG Reform Decided at Cabinet
Now the German Cabinet has decided to go ahead with the idea of radically changing the system of financing renewable energy in place since 20 years. In the future, much of the revenue will come from the federal budget. And that in place will come from a price of 25 Euro per ton of CO2.Continue reading “German EEG Reform Decided at Cabinet”
JK Rowling Does not Need to Understand Bitcoin
She just said she does not understand Bitcoin on Twitter and asked people to explain. And got lots of answers in a short time. I don’t understand Bitcoin either. At least not at the expert level some people who are concentrating full time on it. But that does not matter much. The unique thing aboutContinue reading “JK Rowling Does not Need to Understand Bitcoin”
EU Court of Justice Decisions Binding Unconditionally?
Sven Giegold just reported on a fast answer to his letter to EU Commission President von der Leyen. He is the leader of the Green Party in the European Parliament and does not agree with the recent decision of the German Constitutional Court on the PSPP program. Von der Leyen approves of his position. SheContinue reading “EU Court of Justice Decisions Binding Unconditionally?”
Michael Moore Admits Failure
Michael Moore just posted about his anti-renewable propaganda film. As he writes: “we have failed” That is certainly true. That film failed to grasp basic facts on renewable energy. That film attacks Bill McKibben in bad faith. That film tries to slow down the only possible way to reduce fossil fuel use. While it isContinue reading “Michael Moore Admits Failure”
