On Dec. 3, while 190 governments were meeting for two weeks of climate change talks in Lima, Peru (which, after 30 hours of overtime, produced a compromise deal that environmental groups said “went from weak to weaker to weakest”), Chancellor Angela Merkel’s cabinet agreed to a package that continues Germany’s optimistic ‘ though unrealistic — goal and increases subsidies for measures designed to cut emissions.
Regarding Germany’s “climate protection package,” Barbara Hendricks, Environment Minister, admitted: “if no additional steps were taken, Germany … would miss its targets by between five to eight percentage points.”
The results of the German agreement will require operators of coal-fueled power plants to reduce emissions by at least 22 million tons — the equivalent of closing eight of them. The Financial Times (FT) believes the plan will “lead to brownouts in German homes.”
With the goal of generating 80 percent of its energy from renewable sources by 2050, Germany has aggressively pursued a green dream with unsustainable subsidies that have produced an unstable system described by FT, on Nov. 25, as: “a lesson in doing too much too quickly on energy policy.”