The Impact

Green New Germany


Listen Later

Two decades ago, Hans-Josef Fell quietly started a revolution in his home country, with a law that looks a lot like part of the Green New Deal endorsed by many Democratic candidates. That law transformed Germany, and that has the potential to change the world.  
Fell found a way to make renewable energy technology — like solar panels and wind turbines — cheap. His law allowed Germans to sell the renewable energy they create to the grid at a really high fixed price. Germany paid that fixed price through a surcharge on every electricity consumer’s bill.
Demand for renewables grew so much in Germany that China started to mass produce solar panels and wind turbines, which drove the price down. Now, people all over the world can afford this technology. But the law has also had some unintended consequences. Due to some amendments and market forces, the surcharge on Germany’s electric bills have skyrocketed. Electricity has become a burdensome expense for Germans living on welfare, and the high cost has even left a few spending a lot of time in the dark. 
Further listening and reading:
Vox’s David Roberts on how government policy helped make solar technology affordable
Vox’s Umair Irfan and Tara Golshan on Sen. Bernie Sanders’s Green New Deal
Vox’s guide to where all the 2020 candidates stand on policy, including climate change issues
Subscribe to The Impact on Apple Podcasts, Spotify, or your favorite podcast app to automatically get new episodes of the latest season each week.
Host:
Jillian Weinberger, @jbweinz
About Vox:
Vox is a news network that helps you cut through the noise and understand what's really driving the events in the headlines.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
...more
View all episodesView all episodes
Download on the App Store

The ImpactBy Vox

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,734 ratings


More shows like The Impact

View all
Marketplace by Marketplace

Marketplace

8,513 Listeners

Planet Money by NPR

Planet Money

30,853 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,134 Listeners

Gastropod by Cynthia Graber and Nicola Twilley

Gastropod

3,555 Listeners

Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,406 Listeners

Explain It to Me by Vox

Explain It to Me

7,829 Listeners

The Gray Area with Sean Illing by Vox

The Gray Area with Sean Illing

10,651 Listeners

Revisionist History by Pushkin Industries

Revisionist History

58,898 Listeners

I Think You're Interesting by Vox

I Think You're Interesting

212 Listeners

Worldly by Vox

Worldly

1,722 Listeners

The Indicator from Planet Money by NPR

The Indicator from Planet Money

9,521 Listeners

Today, Explained by Vox

Today, Explained

9,995 Listeners

Future Perfect by Vox

Future Perfect

585 Listeners

An Arm and a Leg by An Arm and a Leg

An Arm and a Leg

1,073 Listeners

Impeachment, Explained by Vox

Impeachment, Explained

1,270 Listeners

People I (Mostly) Admire by Freakonomics Radio + Stitcher

People I (Mostly) Admire

2,098 Listeners

Hard Fork by The New York Times

Hard Fork

5,393 Listeners

Chicano Squad by Vox Media Podcast Network

Chicano Squad

1,078 Listeners

Unexplainable by Vox

Unexplainable

2,112 Listeners