Renewables can depress wholesale prices, eg, when the sun creates a midday jolt. This discourages investors in the flexible, gas-powered generation needed to provide backup for windless, cloudy days. The market dynamics are completely destroyed, says...
The plan will require two transformations, one micro and one macro. The first is an unruly, subsidy-fed explosion of wind, solar and biomass power, a strange mixture of idealism and greed, as one energy boss calls it. The second is the effort to pull...
Europe Germany's energy transformation 欧洲 德国的能源转型 Energiewende 能源大变身 German plans to cut carbon emissions with renewable energy are ambitious, but they are also risky 德国计划通过可再生能源削减碳排放。雄伟...
Global accounting standards 全球会计准则 Closing the GAAP 弥补差距 Americas commitment to international standards is in doubt 美国是否会如约与国际准则接轨尚未确定 Like railway tracks that appear to converge but never actua...
Circumcision in Germany 割礼在德国 Incisive arguments 激烈的争辩 A row over a ruling that circumcision for non-medical reasons is a crime 法院对出于非医疗原因实行割礼构成犯罪的裁定引发争议 The parents, both Muslims,...
Metal thieves in Germany 德国偷金属的贼 Stealing steel 金属窃贼偷窃钢材 Why the trains are late 火车晚点的原因 In the wee hours of a recent morning a young man with a rucksack was sauntering along the railway line near Grossbeer...
VW bet on China nearly 30 years ago. Now it is the worlds biggest car market and VW has 18% of it, through two joint ventures. They sell 2m vehicles a year and plan to double this by 2018. A glut of cheap cars is hurting prices in China but VWs premi...
Volkswagen 大众汽车 VW conquers the world 大众征服世界 Germanys biggest carmaker is leaving rivals in the dust 德国最大汽车制造商令对手望尘莫及 When Ferdinand Piech arrived as Volkswagens chief executive in 1993, things look...
German business 德国商业 Screwdrivers drawn 拉锯战 A shareholder stand-off in the Black Forest 黑森林里的股东对峙 If you have ever struggled to assemble a flat-pack wardrobe, the chances are that its wooden pieces were cut, drilled an...
Would she consider the version of Eurobonds suggested by Germanys advisory council ofeconomic wise men? Under this scheme, debts exceeding 60% of GDP would be transferred into a fund with joint liability and paid off by the debtor countries over 20-2...
