The German government has decided to axe the Renewable Energies Act's ( EEG ) feed-in tariff ( FIT ) subsidy system in its renewable energy strategy, which has created a large, guaranteed market for renewable power, and will replace it with a competitive bidding process from January 2017 . The energy and natural resources sector is one of the most influential in the US, exerting its influence on decision-makers at every level, including at the White House, Congress and... Critics suggest the approval of the second amendment to Germany 's Greenpeace could be a retrograde step for the country's strategy, Energiewende , which was launched in 2010 to oversee Germany 's drive into renewable energy production and to cut carbon emissions, with FIT saying the move away from FIT , combined with the looming Energiewende , could spell the end of Germany 's renewables programme.
The German government has decided to axe the Renewable Energies Act's ( EEG ) feed-in tariff ( FIT ) subsidy system in its renewable energy strategy, which has created a large, guaranteed market for renewable power, and will replace it with a competitive bidding process from January 2017 . Critics suggest the approval of the second amendment to Germany 's Greenpeace could be a retrograde step for the country's strategy, Energiewende , which was launched in 2010 to oversee Germany 's drive into renewable energy production and to cut carbon emissions, with FIT saying the move away from FIT , combined with the looming Energiewende , could spell the end of Germany 's renewables programme.