A politically motivated opinion piece, by Christopher Horner and Wolfgang Müller, makes a compelling case that their President's touting of Germany's successes with renewable energy is no wiser than his previous citing of Spain's was.
Sunday Reflection: The truth about Germany and the 'clean energy economy' | WashingtonExaminer.com:
...Germany's energy sector is under the most stress of any in the country. It is hemorrhaging jobs.
Its "green" manufacturing companies are serially going bankrupt. Others now have valuations near penny-stock levels, and many have fled high-cost Germany for China -- a nation whose own English-language media also recently admitted was giving up the green-jobs ghost as well, now that its best customers for the costly gadgets have gone broke.
Germany's staggering electricity costs are three times what Americans pay, and rising.
This is all due to the same energy transformation law that Obama heralds as America's way out of economic malaise. Since that law was first adopted in 2000, Germany's GDP has regularly grown at half the pace of America's. It is presently growing at 0.7 percent annually -- quite a model.
The entire Op-ed can be read at WashingtonExaminer.com: