German industry may shut down in 18 months. They hope Russia and Ukraine will play nice on gas
By Jo Nova
Last days for the industrial giant of Germany?
Thanks to NetZeroWatch
The Green dream is unravelling in the fourth largest economy in the world. The Vice Chancellor is bluntly saying that Germany industry may have to shut down in 18 months if the current gas flow deal from Russia through Ukraine isn’t extended and he doesn’t seem to believe it could be. Meanwhile 13,000 people protested in Bavaria against the “heating ideology” — whereby evil gas is theoretically going to be forcibly replaced with wildly expensive heat pumps powered by erratic green electrons. The people just don’t want them: last year Germans installed 600,000 gas systems and only 236,000 heat pumps. Politicians are starting to back away slowly from the plan to make all new heaters “65% renewable” by next year. It’s starting to look like the backdown on banning fossil fuel powered cars.
The German economy is possibly in a recession already and Greens are finally getting the blame. It’s so bad that journalists worry that the “Far Right Surge” could endanger some businesses. The right […]
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