Germany’s heating debacle takes on even greater dimensions
The Federal Ministry of Economics, headed by politician Robert Habeck (Green party) has “GROSSLY MISCALCULATED” the cost of removing oil and gas heating systems from homes and buildings, and installing heat pumps in their place by 2045.
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Germany’s heat pump cost estimate is spiraling out of sight!
Instead of 132 billion euros cost by 2045 for HOUSEHOLD BUILDINGS, the real price tag will be a whopping 621 billion euros!
The total real price tag for ALL BUILDINGS will be 776 billion euros.
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“According to calculations by the property owners’ association Haus & Grund, Minister Habeck and his bureaucrats have miscalculated by several hundred billion euros,” reports the German online Pleiteticker.de here.
Habeck’s Federal Ministry of Economics erroneously estimated the costs for homeowners at around 135 billion euros by 2045, however “citizens will have to pay many times the calculated costs.”
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The president of Germany’s property owners’ association, Kai Warnecke, told Bild newspaper, “The target is 500 000 new heat pump systems a year, at an average turnkey cost of 40,000 euros per system.”
But the real number would have to be 1.5 million heat pump systems each year, if Germany wishes to reach its stated CO2 reduction 2045 target.
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Another huge mistake made by Habeck’s bureaucracy is forgetting that heat pumps have a lifetime of only 15 years, so already by 2038 the pumps installed today will start being replaced.
Habeck pledges to support citizens in replacing their oil and gas heating systems, but provides no details on the plan. The German government already has a big deficit. MORE DEFICIT SPENDING?
Kai Warnecke warns of the huge costs in the pipeline for Germans: “If we assume about 80 per cent of the buildings are in the hands of the citizens, they will have to pay about 620.8 billion euros of the total 776 billion euros.”
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Already critics are calling the proposed bill incoherent and feasibility of the financial and timely implementation of the project to be non-existent.
Many homeowners are already struggling financially from high electricity prices and high inflation and stagnant real wages.
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More than 1 trillion euros for a statistically insignificant climate benefit
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And when the costs of extensive home energy upgrades get added in, the total price tag soars to well over ONE TRILLION EUROS.
Yet, the impact on the globe’s temperature from Germany’s planned contribution will be statistically insignificant.
- GO WOKE, GO BROKE
Germany’s Renewable Heat Pump Plan To Cost Many Times More Than Expected: 776 Billion Euros!
Germany’s Renewable Heat Pump Plan To Cost Many Times More Than Exp...
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Comment by Willem Post on April 17, 2023 at 7:48am
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Granholm is full of s…
She does not know her a.. from a hole in the ground
California electrified with EVs more than any other state, and it has the fastest increasing household electricity prices of any state, plus it has frequent blackouts, and 500,000 taxpaying, long-term residents left California during the past 18 months, because they are fed up with all the BS
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Comment by Thinklike A. Mountain on April 17, 2023 at 12:27am
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Climate Czar Kerry Boasts There’s ‘No Rolling Back’ Clean Energy Transition
https://beckernews.com/climate-czar-kerry-boasts-theres-no-rolling-...
Biden Energy Secretary Jennifer Granholm Claims Energy Prices Fall if We 'Electrify Transportation'
https://rumble.com/v2in25m-biden-energy-secretary-jennifer-granholm...
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REPORT: Ranks of Big Tech and Social Media Companies Are Crawling With Former FBI, CIA, DHS Employeeshttps://www.thegatewaypundit.com/2023/04/report-ranks-of-big-tech-and-social-media-companies-are-crawling-with-former-fbi-cia-dhs-employees/
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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