EuroBubba

Economic soul-searching in Europe

For the German-enabled: Austrian business leaders and economists take a close look at the triumphs and failures of the European economic model

Topolánek channels Limbaugh

P. O’Neill at the indispensable Fistful of Euros reports on Czech Prime Minister Mírek Topolánek’s speech to the European Parliament today. Topolánek had disturbingly harsh words for the Obama administration’s response to the global economic crisis, saying that Obama’s stimulus package and banking bailout ”will undermine the stability of the global financial market” and calling the administration’s economic policies “the way to hell.”

The Czech Republic currently holds the EU’s rotating presidency, but the country’s domestic political situation is shaky. Topolánek’s government lost a vote of confidence in parliament just yesterday. Topolánek will stay on for the time being as head of a caretaker government and may yet be tapped to form a new government by President Václav Klaus. However, Klaus has long been a notorious Euroskeptic, and the rift that has grown between the two men due to Topolánek’s support for the EU’s Lisbon Treaty could easily lead to a different choice. As Obama prepares to attend the G20 summit in London and meet European leaders in Prague in April, it is an understatement to say that the Czech EU presidency is in disarray.

Wind/solar/biofuel microgrid brings electric power to isolated border community

The Texas Observer is reporting on a collaboration between state agencies and Austin area battery developer Xtreme Power Inc. to bring electric power to the previously unserved colonia of La Presa near Laredo.

The power plant, if it can be called that, consists of a trailer parked on the corner of someone’s property, loaded with super-efficient batteries and a generator that runs on biodiesel or ethanol. Inside the trailer, a computer monitors the power as it flows to each home, sending the data in real-time to Xtreme’s headquarters in Kyle. Perched on top of the trailer is a panel of photovoltaic cells that capture solar energy. A 30-foot-tall wind turbine whirs nearby. Biofuel, wind, and solar work like three legs of a stool, providing a continuous supply of energy, about 2 kilowatts to each home. Each setup costs between $50,000 and $100,000.

The bad news for residents: electric power, free so far, could soon cost over twice as much as grid power in Laredo. And water and sewer service are still years away.

The Beatroot: Idiot’s guide to Polish elections

Expat blogger the beatroot offers a tongue-in-cheek idiot’s guide to Polish elections, noting, “Being an idiot is not a disadvantage when trying to understand the Polish political scene. In fact, it maybe an advantage.”