Thursday, April 10, 2014

Germany Amends Green-Energy Regime to Curb Rise in Prices

Analysts Say Reforms Fall Short

April 8, 2014 11:43 a.m. ET
 
BERLIN—The German government has amended renewable-energy laws meant to help make the country nuclear-free but that have sent power prices rocketing—squeezing consumers and the country's formidable export machine.

The cabinet approved amendments on Tuesday that it said would contain soaring electricity costs while seeking to protect German jobs in the industrial sector. The changes include less ambitious targets for wind power and a...

READ MORE:  http://online.wsj.com/news/articles/SB10001424052702304819004579489434076477734?mg=reno64-wsj

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