Thursday, December 12, 2024

Germany

Germany, the country that is famous for top of the line engineering is collapsing before our eyes. They have made a series of critical mistakes and the war has crushed them. Some forty years ago they decided that nuclear power was bad and wind and solar must replace fossil fuels. They recently shut down the last of their 17 nuke plants without realizing that they live in a climate where they don't have much wind or sunlight. The Ukraine war started and they immediately stop buying natural gas from Russia and now their industries are shutting down because the cost of energy is too high. Imported LNG from the US is four times the cost of Russian gas. As auto and chemical companies close or reduce production or move to the US the country is suffering from a brain drain. As a last ditch attempt to save the day they are reopening their coal plants and they have the dirtiest coal. The war cannot end too soon from their standpoint. Once they reopen the gas lines from Russia they can start a recovery. If they have seen the light they will move back to nuclear power but once the anti nuke people get in control it is not easy to change their minds.

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