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Germany’s energy transition is expensive and ineffective, writes economist Joachim Weimann of the University of Magdeburg in a guest commentary in the Frankfurter Allgemeine Zeitung. Despite high financial support for green energies and high electricity prices, CO₂ emissions have hardly sunk. Between 2005 and 2016, energy-related carbon pollution fell by just 7.2 percent, while the feed-in tariffs cost electricity consumers 25 billion euros last year alone, according to Weimann. “Gigantic effort, ridiculously low returns – that is the reality of Germany’s climate policy,” he writes.

Read the commentary in German .

For background, read the dossier Energiewende effects on power prices, costs and industry and the factsheet How much does Germany’s energy transition cost?