Also it works as a magnet for business surprisingly maybe.
We have enormous new datacenters from Google, Facebook and Apple being built right at this moment, even though Denmark is tiny.
Taxation is extremely important when it comes to transitioning to green energy. As long as the taxation scheme favours green energy - granted that is difficult to define exactly.
We've had to same scheme with electric cars giving you about half the price of a conventional car.
This is exactly how government should help the green transition, instead of the exact opposite that for many years has been happening in the US with the corporate welfare and grotesque subsidising of heavy industry. Though again this is a contentious issue as Tesla has sucked a lot of green subsidies from the pool. So there definitely is problems to tackle.
Only about 14% of what we pay in Denmark and probably a comparable amount in Germany goes to paying for the actual electricity.
The rest is for "Green taxes" that pays for our new green infrastructure, R&D and lots of things that will benefit the transition.
So if we just said "we good now", 86% of the cost would disappear, and probably not be much more expensive than US energy, or even cheaper, at least soon!