German business leaders criticise cost of EU-driven renewable energy policy

German business leaders criticise cost of EU-driven renewable energy policy.

The front page of Handelsbatt reports that more than 40 of Germany's top business managers have criticised German Chancellor Angela Merkel's energy and industrial policies. They criticise in particluar renewable energy, which member states have to promote due to strict EU limits, writing "renewable energy, especially solar energy, will cause extra costs in the future and have already cost 8 billion euros this year alone.