Lessons From Germany's Energy Renaissance

From GlobeInvestor.com

Germany wants to do to renewables what it did to the car industry; that is, create a jobs and export juggernaut.

The European country has created 240,000 renewable energy jobs, 140,000 of them since 2001. Renewable energy technologies already make up 4 to 5% of Germany’s gross domestic product, and the figure is expected to rise to 16% by 2025.

How did Germany turn green technology into a leading industry? And is the aggressive effort to attract renewable energy companies, backed by scads of taxpayers’ money, a formula that should be imitated in the U.S. and Canada?

Read "Lessons From Germany’s Energy Renaissance."