28 Oct '13, 3am

3 Reasons Germans are Going Renewable ‘At All Costs’... That vision!

I lied in #1. Support for Germany’s renewable energy quest isn’t about cost of energy, but about the opportunity to own a slice of the energy system. Millions of Germans are building their retirement nest egg by individually or collectively owning a share of wind and solar power plants supplying clean energy to their communities. Nearly half of the country’s 63,000 megawatts of wind and solar power is owned locally , and these energy owners care as much about the persistence of renewable energy they own as they do about the energy bill they pay. Not only do these German energy owners reduce their own net cost of energy, every dollar diverted from a distant multinational utility company multiplies throughout their local economy.

Full article: http://peakoil.com/alternative-energy/3-reasons-germans-a...

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