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...
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 EEG 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 Greenpeace saying the move away from FIT, combined with the looming EU-US Transatlantic Trade and Investment Partnership, could spell the end of Germany's renewables programme.