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Public lecture by Prof. Dr. Dr. hc mult. Hans-Werner Sinn, President of the ifo Institute, December 16, 2013 http://www.ifo.de/de/w/45rLZDYv4 We have a climate problem: 85 percent of the final energy requirements of the OECD countries and also of the Federal Republic of Germany are generated from fossil fuels. We must move away from this. Until now, nuclear power seemed to pave the way to a climate-neutral energy supply. With the energy transition and its phase-out of nuclear power and fossil fuels, we are now left with pretty much nothing. The idea of securing Germany's energy supply with wind and solar power from domestic sources is an illusion. The uncertain supply situation is poison for the investment planning of German industrial companies. German politics should change course and give up its national solo effort. Professor Hans-Werner Sinn explains the consequences of current energy policy in a public lecture in the Great Hall of the Ludwig Maximilian University. Will Germany be able to tame the flickering electricity? • Will Germany be able to tame the flickering electricity? Understanding the energy transition, Prof. Dr. Christoph Buchal http://mediathek.cesifo-group.de/play... Discussion with Aldo Belloni, Christoph Buchal, Jochen Homann, Hans-Werner Sinn, Ulrich Schäfer http://mediathek.cesifo-group.de/play... ifo Institute – Leibniz Institute for Economic Research at the University of Munich eV