I’m a dyed-in-the-wool conservative, but I do admire what Germany has accomplished in developing green energy. Since enacting the Renewable Energy Act in 2000, it has developed a more sustainable energy grid based on tax incentives that have encouraged small- and medium-sized energy companies to compete in the overall energy production cycle.
The results have been dramatic, having created almost 400,000 new jobs in the renewable-energy field, and producing 29 percent of its energy from renewable sources.
Of course, the construction of clean-power plants is significant, but German studies have shown that when considering the economic impact of environmental costs associated with traditional energy production, it achieved a surplus of 3.2 billion Euros so far, and every year those savings will multiply.
The German success has not been without hiccups along the way, but would we not be wise to use what they have learned to help our own economy?
James Gersing, Pinecrest