The rich are mugging the poor – now in foreign countries, too.
According to online Spiegel here, a general counsel to the European High Court has ruled that consumers in one country also have to pay green energy feed-in subsidies to producers in foreign countries as well.
That means that heavily industrialized Germany may soon have to pay energy feed-in subsidies to foreign renewable energy producers as well. Spiegel writes that as a result:
The renewable energy subsidy on electric builds may soon increase further.”
The ruling arises from a recent case where a Finnish wind park had supplied energy to Sweden but was never paid the feed-in subsidy. The Finnish wind park took the case to the EU, who then ruled in favor of the Finns – claiming that the Swede’s refusal to pay represented “a discriminatory limitation of the free flow of goods“. A country must not only pay the green-energy subsidy to domestic producers, but also to those delivering from another country.
Spiegel writes, should the ruling be upheld by the EU High Court:
…it would have considerable consequences also for Germany because neighboring states like Austria, France or the Netherlands would be able to feed-in their low cost hydro-electric, solar or wind energy into the local power grid. For this they would receive the German feed-in rate. The German consumer – once again – would have to pay.”
Already 600,000 German families are having their power cut off annually because they are no longer able to keep up with sky-rocketing electricity bills. Not only is the energy feed-in act turning out to be a huge wealth-redistribution scheme from the poor to rich property owners domestically, but one that redistributes to the rich in foreign countries as well.