Wednesday, July 10, 2013

Green energy crusade spiking prices in Germany

Early in his first term, President Barack Obama held up Germany as a role model for green energy policy and combating global warming. However, following Berlin’s lead on green energy could lead to skyrocketing energy prices, say conservative groups.

“At precisely the moment that Europe comes to a sobering recognition of its failed energy policies, the Obama administration is punch drunk on expensive green energy,” said Benjamin Cole, spokesman for the Institute for Energy Research. “Next month, Obama will return to Berlin for another speech, this time at the Brandenburg Gate. Maybe he’ll look at Berlin this time, and back away from the European-style energy policies that will harm the U.S. just like they have Germany.”

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