Altmaier Says German Energy Transition Could Cost $1.34trn
February 25, 2013
By Paul Homewood

Germany’s Environment Minister Peter Altmaier has told the Frankfurter Allgemeine Zeitung newspaper that the country’s energy transition, or energiewende, could cost around $1.34 trillion over the next 20 years.
"The costs of our energy reform and restructuring of energy provision could amount to around EUR1 trillion by the end of the 2030s," Altmaier told the newspaper.
And so the lunacy continues.
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The response of any/every sane German should be, “Danke schon, aber Nein, danke schon.”
I don’t suppose he appended a cost-benefit analysis, or even wild-ass guesstimate thereof?