ENERGY: Germany’s rapid development of renewable energy*

Germany expects, within 12 years, to generate more than a quarter of its electricity from renewable energy sources, such as solar panels, wind turbines and biogas. Patrick J. Byrne reports.Aiming at the European Union’s target of 20 per cent renewable energy by 2020, Germany was halfway there last year, generating electricity from solar panels, wind turbines and bio-gas.The big impetus to Germany’s investment in renewable energy — now running at around $US10 billion annually — was th…

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