Germany looking good too....

Germany looking good too.

http://www.reuters.com/article/2011/05/12/idUS338742502920110512

'Germany's Unlikely Champion of a Radical Green Energy Path' - May 12.

"We want to end the use of nuclear energy and reach the age of renewable energy as fast as possible," Merkel said.

After the chancellor's surprising announcement, opposition parties from the left decried it as a political stunt, an act of opportunism, and even panic, ahead of key regional elections in Southern Germany. But after these elections were lost by her party, Merkel soldiered on. In the past weeks, government officials have already offered details of the "energy turn," as Merkel calls the change.

The numbers that circulate in Berlin's government district at the moment are staggering. Merkel's administration plans to shut down the nuclear reactors - which in recent years reliably provided up to a quarter of Germany's huge needs as baseload electricity - by 2022 at the latest. It wants to double the share of renewable energy to 35 percent of consumption in 2020, 50 percent in 2030, 65 percent in 2040, and more than 80 percent in 2050. At the same time, the chancellor vows to cut CO2 emissions (compared to 1990 levels) by 40 percent in 2020, by 55 percent in 2030, and by more than 80 percent in 2050.

That makes Germany the world's most important laboratory of "green growth." No other country belonging to the G20 club of economic powers has a comparable agenda. In the U.S., President Obama is expanding state-backed loan guarantees for the nuclear industry to build more reactors, and Republicans are blocking measures to reduce CO2 emissions. Germany is Europe's largest economy. Making such a country a renewable powerhouse would transform it into the undisputed mecca for everyone on the planet concerned with the environment and green-tech business.



Germany looking very positive if this rings true. A great strategic move putting the plant there. Someone had some foresight. The new Director is a great addition too imo. Just need some orders.