In 2012 Germany announced an investment of $260 billion, or 8% of GDP in new energy, because Germany "gets it." Today consumer protectors warn of an economic loss of over one trillion euros
"Germany has a future with clean air for their children, while American children will choke on polluted air. (Source)
German Consumer Agency Issues Open Letter, Warns Deutsche Bank Of “Dubious Renewable Energy…Burdens Of Over 1 Trillion Euros Feared”
In a bid to protect consumers and investors the Berlin-based consumer investor protection organization Verbraucherzentrale für Kapitalanleger (VzfK) has issued a press release here warning Deutsche Bank AG of the high risks of investments in “dubious renewable energy companies” and their projects after a string of spectacular insolvencies.
Hat-tip: EIKE.