We reported earlier this week that Germany has decided to restart coal-fired power plants and likely delay the closure of its remaining nuclear power plants as it realizes it put far too many chips on renewable energy.
When Russia invaded Ukraine in February, it was dependent on Russia for 50 percent of its natural gas and 41 percent of its oil. As it tries to wiggle free of the yoke of the Russian bear, there is not only talk of possible rationing and brownouts but even shutdowns in key industry.
Instead, talk of rationing natural gas has already started, and the event horizon now includes the possibility of mass industrial shutdowns and recession.
“We are in a gas crisis,” German Economy Minister and Vice-Chancellor Robert Habeck warn his fellow citizens.
“Companies would have to stop production, lay off their workers, supply chains would collapse, people would go into debt to pay their heating bills, and people would become poorer.”
What makes Habeck’s doom scenario all the more remarkable is that he is a member of the GREEN Party, which has for decades called for an end to fossil fuel use. His realpolitik response to an energy crisis created by environmental wackos is commendable, but wouldn’t true leadership have been to not follow the Green Pied Piper in the first place?
We despair that America is now to the left of Europe on Green Energy madness
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