Without Nuclear Power, Germany's Energy Future Looks Short of Energy
Green dreams are no substitute for good planning and reliable electricity.

For all of the terrible political decisions made in recent years, it's not often that you get to see a country's government effectively contemplate national suicide. At least, that's the way it feels to watch German officials boldly stumble into the country's energy future, which looks all too much like a future without energy. Berlin politicians' commitment to green ideology, which had already gone down a series of unproductive paths, recently culminated in the closure of Germany's last nuclear power plants without a credible plan for keeping the lights on or the economy producing.
Green Dreams
"Germany has shut down its last three nuclear reactors," Deutsche Welle reported on April 14. "For the country's Green Party, it's a long-held dream come true." At one time, "19 nuclear power plant units supplied up to a third of the country's electricity." But that era ended to make way for the dream.
That dream is part of Germany's official policy of Energiewende (energy transition). "The energy transition is our pathway into a future that is secure, environmentally-friendly, and economically successful," boasts the country's Federal Ministry for Economic Affairs and Climate Action. "We are in the process of overhauling Germany's energy supply, moving away from nuclear and fossil fuels towards renewables and better energy efficiency."
That said, Energiewende hit some speed bumps along the way because of the unpredictable nature of wind and solar power and resulting high costs.
Dreams Won't Keep the Lights On
"The new system, using intermittent power from wind and solar, accounted for 110 GW, nearly 50 percent of all installed capacity in 2019, but operated with a capacity factor of just 20 percent," Vaclav Smil wrote in 2020 for the Institute of Electrical and Electronics Engineers' IEEE Spectrum. That means other power plants using nuclear, coal, and gas have to be maintained as backup.
"It costs Germany a great deal to maintain such an excess of installed power," Smil added. "The average cost of electricity for German households has doubled since 2000. By 2019, households had to pay 34 U.S. cents per kilowatt-hour, compared to 22 cents per kilowatt-hour in France and 13 cents in the United States."
Then Russia invaded Ukraine and cut off natural gas to the underdog-supporting Europeans. The flow is unlikely to resume in the wake of the Nord Stream pipelines going boom. Pretty soon, "green" Germany was firing up old coal-burning power plants and sending in riot police to clear out protesters so coal mines could be expanded. It was an energy transition all right—to the 19th century. That is, unless German politicians were to rethink their commitment to abandoning nuclear power. They didn't. A lot of smart people consider that a mistake.
"We are among the leading international scientists from various fields of research, including natural, environmental and climate sciences," reads an April 14 letter to Germany's Chancellor Olaf Scholz signed by, among others, Nobel laureates in physics Klaus von Klitzing, of the Max Planck Institute for Solid State Research, and Steven Chu, of the Lawrence Berkeley National Laboratory. "In view of the threat that climate change poses to life on our planet and the obvious energy crisis in which Germany and Europe find themselves due to the unavailability of Russian natural gas, we call on you to continue operating the last remaining German nuclear power plants."
Nuclear power, they pointed out, is a lot cleaner than coal. It's also, as Vaclav Smil pointed out in IEEE Spectrum, much more reliable than solar and wind. In the absence of nuclear power, electricity prices are bound to rise. Price hikes are already being announced—up to 45 percent in the state of North Rhine-Westphalia. That's even after Europe dodged the worst effects of the natural gas crunch courtesy of a combination of cooperative weather and sacrifice.
Crisis Averted by Sacrifice and Luck
"Number one, the Europeans, especially the Germans, shut down most industrial demand," noted geopolitical analyst Peter Zeihan, the author of last year's The End of the World is Just the Beginning, a downbeat assessment of global economic prospects for the near future. "So they just stopped smelting aluminum and steel and stopped fabricating petrochemicals and fertilizers. That is something you can sustain, but only at the cost of absolutely massive damage to your economic system… Second, the Europeans paid five, six, seven, eight, nine times the prices that they were paying before in order to tap natural gas [in] liquefied form… The third thing is they got really lucky. Temperatures for the last nine, ten weeks across all of Europe have been 20 to 30 degrees above historical average."
"Now, the problem for the Europeans is none of these things are really replicable," Zeihan adds.
Some Europeans agree and seek to avoid a poorly lit, deindustrialized future.
"We want to have a strategy for nuclear in Europe," commented Joël Barre, who leads France's effort to build new nuclear plants, two weeks ago. "I don't understand the position of Germany because I don't believe at all that up to the middle of the century they will be able to carry out a zero-carbon strategy based solely on renewable sources."
Likewise, Finland just started up Olkiluoto 3, the largest nuclear power plant in Europe. And as Germany closed its last reactors, Deutsche Welle pointed out that "China, Russia and India in particular are all planning to build new nuclear power plants… Even Japan wants to return to more nuclear power."
Plans Are Better Than Dreams
That's not to say that the path to the future necessarily relies on nuclear power. But modern civilization needs readily available and affordable energy. Lighting, heating, and manufacturing all require electricity at competitive rates, and producing it necessitates, at the very least, replacing sources that fall out of ideological fashion. A little less rigidity might even help to achieve the green dream.
"Without anything like the expensive, target-mandated Energiewende, the United States has decarbonized at least as fast as Germany, the supposed poster child of emerging greenness," Smil observed in his 2020 IEEE Spectrum article.
Renewables such as solar and wind can play a role—if you find a way to store the power for when the air is calm and the sun is down. One "option would be to turn the wind power into methane or hydrogen and then turn them into so-called e-fuels. Here, too, existing infrastructure could be used: fuel-storage facilities, pipelines and gas stations of the petroleum industry," speculated a 2019 Der Spiegel article about the then-already obvious failures of Energiewende dreams.
That might work if it was tested and implemented before abandoning proven energy sources. Actually, innovation might come up with a host of new solutions if it wasn't stifled by the ponderous bureaucracy for which Germany (and Europe overall) is justly famous. What's not an option is shutting down reliable power plants and hoping for the best.
Well, maybe shutting off the power is an option. If a country is trying to commit suicide.
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
Reality is a hard concept to understand.
Yes, this! Try to explain, for example, to Trump and His Trumpistas that the Lizard People did NOT steal His Erections!
(Now maybe if He can get the "Greenies" on board with the erection of new NUCLEAR Erections, maybe He can WIN the next Erections!!! Trumpian Trojan Slogan: "Greenies for Nuclear Wienies"!!!)
You obviously are a sick individual with your constant references to an erection. You must have ED and TDS.
If your Wienie is a Greeny (gangrenous), if’n ye have NOT yet cut it OFF, then this might be best! Consult your veterinarian QUICKLY now!
After it is cut off, ye MIGHT wish to consult The Pussy Grabber and Necrophiliac in Chief (Der TrumpfenFuhrer), to see if He might want to buy it from you, so that He can use it to fuck His New Running Mate, Leona Helmsley, arisen from the grave!
Leona Helmsley: “Taxes are for the little people”.
Der TrumpfenFuhrer: “Laws about nuclear and other national security secrets are for the little people. Ass are laws about holding and honoring honest erections also.”
TRUE LOVE is going on here between these two LoveBirds!!!
Mash Letter from The Donald to Leona Helmsley
Roses are red,
Violets are blue,
Lie in My bed,
And join My Crew!
Won’t you join My Most Holy Quest?
The honest taxpayers, to molest?
I like to collect babes, as if they were Cocker Spaniels,
You’d look quite nice, right next to Stormy Daniels!
You’d be quite sexy, in My YUUGE harem,
With My BIGLY contributors, I like to share ‘em!
Help Me fleece all silly sheeple!
“Taxes are for the little people”
For a campaign slogan, that sounds GREAT!
To their suffering, you and I, we could masturbate!
Brad Parscale, My old campaign pal,
Wants to kill himself, what killer style!
Won’t you stay with Me a while,
And be My campaign gal?
I am making over $30k a month working part time. I am a full time college student and just working for 3 to 4 hrs a day. Everybody must try this home online job now by just use this Following
Website........ http://Www.Smartjob1.com
Seems the true meaning of a sentence is hard for you to understand.
Just work online and earn money. He now makes over $500 a day by working from home. I made $19,517 last month just doing this online job 2 hours a day. so easy and no special skills required…(n25) You can run google and then make this work.
.
.
More information can be found here……… https://Www.Coins71.Com
^nuts
Earning extra $15,000 or more online while working part-time is a quick, simple way to make money. I made $17,000 last month from working in my spare time, and I’m now really content as a result of this job. You can do this right now by following.
SITE. ——>>> http://Www.jobsrevenue.com
Reality is like Madagascar. German residents will now chop down the Black forest to stay warm. That ugly rule of unintended consequences.
France's decision to go nuclear seems to be double plus good. It gives them power to sell to the Germans and keeps the Germans from invading. Better than the Maginot line ever could have been.
Hope the Germans don't get tired of paying for the power and decide to take over the plants.
That's what I thought too. Why pay for power when you can just take it over.
Except that nuclear proponents are not paying a bit of attention to what France is going through right now with their dependence on nuclear. Eg Energy Futures 2024 Prices Soaring in France. Higher in France than in Germany for next winter.
Not a surprise really I guess. This whole argument just devolves the most ignorant morons chanting political cant.
Sounds like they need better maintenance and some new plants.
Whodathunk nuclear plants need maintenance.
Oh - and guess where France gets its nuclear fuel from? Ooh double dependence.
And no surprise, you have found yourself landing squarely in the shitlib camp.
Like you did everyday with COVID, and embarrassed yourself by falling for the govt sponsored misinformation every time you commented.
Just stop, as ive said before, you are a meme around these parts.
PS: That Fauci T-shirt still fit OK?
That might work if it was tested and implemented before abandoning proven energy sources.
Sort of what I've been preaching for a while now: It's fine to think about alternatives to fossil fuels, but we're going to need the energy they provide to build this new infrastructure that doesn't rely on them.
It's always better to finish the job then remove the scaffolding than to reverse the order.
Agree.
OTOH - There is a reason that Hernán Cortés had his expedition burn all the ships when they arrived in Mexico. No retreat possible. Failure is not an option. Go forward and conquer the Aztecs. Only then - with all the riches and glory - will return to Spain be possible.
Course that may not actually be a true story either.
Meh.... I tend to avoid cutting off the branch that I'm sitting on.
“There is a reason that Hernán Cortés had his expedition burn all the ships when they arrived in Mexico. ”
Cortez didn’t burn all his ships. Some of them were dismantled and carried over the mountains to the valley of Mexico where they were put back together to form a navy which plied the extensive system of lakes and waterways in and around the capital. Cortez’s bold wiliness, the navy, soldiers on horseback and the Aztec’s superstitious beliefs made their defeat inevitable. Also he couldn’t have done it without the Tlaxcalans, a neighboring nation described by Cortez as a Republic, ruled by the citizens rather than a monarch.
Cortez scuttled the ships after stripping them of valuables and their remains sank to the bottom of the sea where they are still a tempting target for divers and archeologists.
Scuttling the ships was an action against a small number of men who were loyal to the governor and the crown preventing them from escaping. Most of the men were behind Cortez if only for a chance to get some of that Aztec gold.
"...Germany and Europe find themselves due to the unavailability of Russian natural gas, we call on you to continue operating the last remaining German nuclear power plants."
There is no greater enemy than anything not feeding "green" energy concerns, and that includes Russia.
Google is by and by paying $27485 to $29658 consistently for taking a shot at the web from home. I have joined this action 2 months back and I have earned $31547 in my first month from this action. I can say my life is improved completely! Take a gander at it what I do…..
For more detail visit the given link………………..>>> http://www.jobsrevenue.com
"Green dreams are no substitute for good planning and reliable electricity"
It's not that complicated: The Greens don't intend that there be reliable electricity. They intend that there be regular blackouts to ween people off of electricity on their way to relying on candles.
My personal belief is that the Green Movement's end goal is no energy. They would be perfectly happy to drive us all the way back to the stone age.
Fuck Germany. Fuck Europe.
You are aptly named.
I am jealous.
It’s hard to see why the majority of the German people seem intent on committing national suicide.
Could it be that the Russians have funded the Green Party and it has wildly succeeded?
Otherwise it does not make sense.
Letting in literally millions of illegal moslem immigrants means they will be a majority moslem nation in one generation.
Hard to see why they did that as well.
My guess is that when the moslems become the majority they will build the power plants needed for the new Germanistan.
And they will likely limit illegal immigration.
Muslim majority; I'm seeing pink stars for alphabet people.
People are seemingly unaware that the Soviets did fund a lot of the early environmental movement and Russia continues that tradition. Or that the largest funders of the anti-nuclear movement were/are the fossil fuel companies. This was not out of altruism, but because these entities funded these pie in the sky movements simply for their own benefit. The Soviets wanted the west to have less reliable energy and the fossil fuel companies, especially coal, knew if we went nuclear they would lose huge profits.
"Well, maybe shutting off the power is an option."
Better options are wasting less energy. Developing better ways to store the energy that is readily available. Nuclear power means relying on others for energy. Russia has large reserves of uranium. Look at the unhappy results of Germany's reliance on Russian gas. Naive to expect that reliance on scarce foreign reserves of uranium will be any happier. We've already had that with oil which turned the middle east, now Russia into focal points of global conflict.
Or you know, things like thorium, one of the most abundant elements on Earth.
The point is that storage is a huge technological challenge that requires huge investment and decades of research. Relying on it before it's feasible is worse than relying on uranium (which BTW, the US and Canada also have huge resources of and thus the Germans can buy from us not the scary Russians). Additionally, storage is bulky, degrades over time, and is limited. How much storage do you need? Three days worth? A week? Even here in Eastern Montana, a country infamous for it's windy conditions, we have times when we have a week without measurable wind, and often cloud cover, or times when the wind is way to strong for the turbines (it's a real thing, they have to feather the turbines when we have windstorms). So how much capacity do you need to meet a weeks worth of no production? Hell, even three days worth?
"The point is that storage is a huge technological challenge that requires huge investment and decades of research."
That's inevitable. Building thorium reactors to replace fossil fuels would also be expensive and time consuming. Cutting back on waste, though, would be something that could be done immediately and actually save money. I've read that some 30% of the food we produce goes to waste. I suppose Germany is just as profligate. Wearing sweaters in winter and a vegan diet would also cut back on energy consumption. If the Germans are serious about sustaining a modern economy while expending less energy, such measures are inevitable.
"which BTW, the US and Canada also have huge resources of and thus the Germans can buy from us not the scary Russians"
The US almost certainly sabotaged Germany's gas supply. They would be fools to entrust their energy security to malevolent foreigners.
"How much storage do you need? "
Is that the right question? Work out how much we have, and go from there. Physics and chemistry will govern our wishes and desires, not the other way around. In addition to storage, there is also high voltage direct current power transmission. The earth rotates and the sun is shining somewhere always. But this requires money and research and unprecedented international cooperation, so that's 3 strikes.
Our economy is run on energy derived from fossil fuels. We can't substitute alternative energy sources, wind, nuclear, etc for fossil fuel and expect the economy to run in the same way. Large scale cultural, social and political changes would be necessary.
Vegan is actually more energy intensive. First, plants are less nutrient dense, ergo you need to grow more of them than animals to get the same amount of nutrients. Second, it takes far more energy to grow plants than animals. Third, storage and transportation costs are similar. As are preparation costs. Therefore, once again you spouting bullshit that isn't close to being true.
As for costs, energy storage hasn't even been invented, not at that scale. Nuclear, even thorium, are proven technologies. Fuck you're an idiot.
"Nuclear, even thorium, are proven technologies. Fuck you’re an idiot."
That's irrelevant. The Germans have evidently rejected nuclear. That's what the article is about. I mentioned social, political and economic changes are in the wind. This is one of them.
"Vegan is actually more energy intensive. "
Some 70 billion animals are killed yearly, according to my sources. Each one has to be fed, housed, provided with heat, light, water, cleaned, cared for, slaughtered, transported, and packaged. Let's not forget that some 30% of that, more than 20 billion animals goes to waste.
The notion that it is more energy intensive to feed 8 billion humans than it is to feed 70 billion non humans plus 8 billion humans. Sounds like the premise for a comedy sketch.
And once again you're bullshit about the sun shining on some part of the earth always. The costs of moving electricity from where the sun is shining to the other side of the world makes this an impossible solution. The amount of electricity/energy lost in transportation is so large that you couldn't produce enough electricity for it to be practical. That's why electric plants tend to be as local as possible, because you lose electricity for every mile you have to transmit it.
"And once again you’re bullshit about the sun shining on some part of the earth always. The costs of moving electricity from where the sun is shining to the other side of the world makes this an impossible solution. "
You're contradicting yourself. Expensive is not the same as impossible.
"That’s why electric plants tend to be as local as possible, because you lose electricity for every mile you have to transmit it."
An HVDC grid would make the long distance transmission more attractive. I think the bigger problems would be the cost and getting the international cooperation necessary for it to work well. China is planning such a grid to span Asia and connect with Europe and Africa as part of their belt and road initiative.
Have you been to China? I haven't been for a while but I always avoided the big cities on the east in favor of the west - Tibet, Xinjiang, Qinghai, Yunnan. The air in the cities was atrocious. You'd get black mucus (coal soot) running from your nose within a day of arriving in Beijing, for example. That's what you get from getting your electricity 'as local as possible.' These days they are building all sorts of coal burning plants, but near the coal fields, and connected to the cities hundreds of miles away via HVDC lines.
I think you'd do well to pay attention to what China is doing, a civilization that's got 5000 years under its belt. It's a country an elite of engineers. Lawyers and TV celebrities are well down the totem pole. US is increasingly showing the signs of a failed state. Losing multiple wars of choice, increasing debt, civil unrest and loss of faith in state institutions, muddled and corrupt responses to challenges of pandemics and climate.
HVDC are still extremely limited. And yes cost does equal impossible if the cost is so prohibitive that you can't produce more than it costs. Fuck, as for China, state ng they've been around for 5000 years is kind of misleading. That's like saying the Greeks are a 5000 yo culture. If you ignore all the times they've changed government, were conquered etc. And China is hardly a good example for energy distribution, as almost half the country still lives in energy poverty.
"HVDC are still extremely limited. And yes cost does equal impossible if the cost is so prohibitive that you can’t produce more than it costs."
In the US, of course. Failing state. Did you miss that part?
"as for China, state ng they’ve been around for 5000 years is kind of misleading. That’s like saying the Greeks are a 5000 yo culture."
It's not like that at all. 5000 years is the approximate age of the Chinese writing system. They've been using developments of that original system ever since. Even the Mongol invaders adopted it. Greeks never had such a lineage, and 5000 years ago my ancestors were painting themselves blue and scrounging for acorns on the forest floor. Writing came much much later.
"China is hardly a good example for energy distribution, as almost half the country still lives in energy poverty."
They will certainly use that poverty to their advantage. The Chinese don't have the feeling of entitlement to energy consumption that the wealthy nations in the west have. On the other hand they resent the west in ways westerners can't imagine. The Chinese state is authoritarian and not above using propaganda promoting nationalism and sacrifice for the future to cajole the population into where they want to go.
I don't even have to click the "Show username" link to know it's mtrueman spouting off about China like it's not widely known and documented with empirical evidence that modern humans inhabited Africa and regions around the Mediterranean for over 100K yrs. before the Indian Subcontinent and another 40-50K yrs. before anything vaguely resembling Ancient China came on the scene.
Dude would stick his dick in an automatic pencil sharpener if you could convince him the Chinese invented it before the West invented the pencil, to the point that it wouldn't surprise me at all to learn that he's already done it.
"modern humans inhabited Africa and regions around the Mediterranean for over 100K yrs."
True fact: Egypt is so ancient that even the ancient Egyptians employed archeologists to study and interpret the remains of even more ancient Egyptians.
Or shorter, say you know nothing about energy production, storage and agricultural costs without saying you know nothing.
I've been many things but I've never worn a policeman's badge. And I'm not a scientist or a farmer.
Still peddling your vaporware, I see.
Yes, reducing waste is a good idea. And companies and people already have a strong incentive to do so. It's a lot harder than your vague hand-waving implies. If it weren't harder, people would already be doing it!
Ditto for the "better ways to store energy". Yes, there are some interesting technologies in the pipeline but there are none capable of solving the problem today (or tomorrow or next week, next month or even next year). You are being wildly naive about product development cycles.
"Yes, reducing waste is a good idea."
I thought so too. It's curious that the author of the article contemplates 'national suicide' over reducing waste. A truly sick mindset, if you ask me. Extinction is preferable to wasting less energy.
" people already have a strong incentive to do so. "
That depends on the price of fuel, doesn't it? The fuel efficiency of an internal combustion engine is about 30%. 70% goes into noise, vibration, heat etc. That's always been true and with fuel being so cheap there's no reason to spend money trying to improve the astonishing amount of waste.
"If it weren’t harder, people would already be doing it!"
People have been taking buses and trains for a long time. It's not difficulty that is holding these old technologies back, it's the sense of entitlement so pervasive in society.
" none capable of solving the problem today "
What problem? The problem that batteries aren't tanks of gas? That's not a problem that's reality. If we can't deal with reality maybe suicide is the better choice.
Hey, I know of an excellent method for storing energy. It's called an "oil tank".
The problem with oil is not in the storing but the burning.
There isn't enough readily available minerals in the world required to build the grid-level energy storage required.
Now imagine a future without nuclear OR a pipeline.
Google is by and by paying $27485 to $29658 consistently for taking a shot at the web from home. I have joined this action 2 months back and I have earned $31547 in my first month from this action. I can say my life is improved completely! Take a gander at it what I do…..
For more detail visit the given link………………..>>> http://www.jobsrevenue.com
“For every one hundred men who can stand adversity there is only one who can withstand prosperity.” - Thomas Carlyle
“Few of us can stand prosperity.” – Mark Twain
We’re so wealthy because of market capitalism that the beneficiaries of that prosperity immediately insist on destroying it.
The Germans marched off to war in 1939 as a largely horse-drawn army.
Didn't turn out too well but there seems to be a nostalgia for going back to horse-drawn transportation.
"Didn’t turn out too well "
It worked fine when their sights were on France and Poland. Their trouble started when they invaded USSR. Their fuel tanks were too small and the supply lines were too long. The Germans had to give priority to fuel over warm clothing for example. The Germans were defeated by general winter and marshal kilometer.
"a largely horse-drawn army"
Let's not forget our bovine friends. Fuel was in such short supply that the first fighter jets, ME 262, had to be towed from their hangars to the runway by cows.
Or maybe Germans are no longer interested in invading others for energy and lebensraum.
I don't think so! The horse-drawn part was the occupation force. They seem to have "marched off to war" with mostly Stuka dive-bombers and blitzkrieg tanks. It seems to have worked out well for them until they went a bridge too far.
German supply corps had lots of horses compared to the US, GB, and even the Russians (mostly cause we sent them a gazillion trucks)
didn't the Krauts have some sort of natural gas deal with the Russians?
Yes. And the cost turned out to be Molotov-Ribbentrop secret protocol part two. German acceptance of Russian sphere of influence over everything east of Germany.
"Without Nuclear Power, Germany's Energy Future Looks Short of Energy"
Or fossil fuels.
"Green dreams are no substitute for good planning and reliable electricity."
So Nazi, or white supremacy. And triggering.
I was in Germany a few years back, and there was a national election on the horizon. I saw nice uniform posters attached to light poles, offering all kinds of choices from Green to AfD.
I suppose they are getting what they voted for. To paraphrase Nelson, let us hope their sense of virtue is enough to keep them warm.
Germany should be getting rid of domestic production of aluminum, steel, fertilizer,etc. Those are energy-intense (or specifically NG intense) industries. Wind/solar certainly don’t change the reality of Germany – ain’t much sun ever and the wind is mostly offshore. And price is exactly the way that should all happen. Does anyone still understand comparative advantage or are you people just addicted to ongoing fossil fuel subsidy from govt?
There is I suppose a possibility that in future surplus offshore wind capacity can be converted into hydrogen for some sort of high-energy-in-spurts near the German coast industry. But yeah that’s in the future.
And the US is going to become irrelevant re any sort of energy technology sooner than that.
But "comparative advantage" only works if you take ALL relevant factors into account - like what happens if you are prevented from trading with suppliers at their comparatively lower cost. But feel free to keep floating half-truths in support of you worthless narrative.
"But “comparative advantage” only works if you take ALL relevant factors into account "
Where was it I read about this? I think it was Ricardo, the 18th century economist who came up with the idea. A neat idea he got by studying trade between two countries - England and Portugal. Problem is that many many more than two countries are involved in international trade and it's simply beyond our capacity to deal with the huge number of variables to see who comes out ahead and who's been left behind.
Sure. And Gerhard Schröder became Chairman of Nordstream because there is nothing political at all about either the supply/price of gas delivered via that pipeline to Germany or its very existence. Purely a market decision.
Are you people really this stupid?
Nordstream was a leaderless multinational organization that had resources and was in need of management and Schröder was a proven leader of a country that needed resources, what’s your problem with comparative advantage?
Yes you really are this stupid.
Russia was already sending gas to Europe – through Ukraine – and had for decades. But once Ukraine became independent of Russia, the two also had to negotiate over transit rights and cost. Russia does not do that. So from the early 90’s on, it simply threatened Ukraine periodically. Which meant stopping gas shipments on to Europe and making supply volatile. THAT was the entire purpose of Nordstream. To bypass gas supplies around Ukraine so that Ukraine need not be negotiated with by Russia and could be suitably subservient.
That is a political decision – linked to the SPD’s (that’s socialist you know) notion of Handel durch Wandel (Change through Trade) which has also been around for decades. The notion that Russia would become a friendly liberal Western democracy via German trade. Which, along with some corruption, is why Gerhard Schröder (of the SPD) helped fund Nordstream as Chancellor of Germany and then became Chairman afterwards. Totally a surprise.
The MARKET decision would have been for Germany to recognize that Russian gas supplies are volatile – and German industry would have started re-sourcing stuff THEN – based on periodic price and supply signals. Not by building an impossibility pipeline via politics. Instead, gas became subsidized and political and distorted the German market. Until that whole nonsense of Handel durch Wandel was blown up with Russia invading Ukraine. Said nonsense blowing up being called – zeitenwende (the times they are changing).
So NOW Germany has to recognize that Russian gas is volatile and Germany NOW has to re-source various parts of its energy-intense supply chains.
Your ilk really does not understand actual markets at all. Instead you are simply conservative – if govt subsidies/distortions currently exist, then that is good and should never change and should be called ‘free market’.
You shouldn't call people stupid when you state Germany shouldn't be producing economic inputs due to 'climate change' related reasons and then turn around and say it should be produced elsewhere instead, as if that somehow alters the supposed greenhouse effect from those industries.
Just come out in favor of a dark ages living standard for everyone but yourself, because that's what you're shilling for here.
Has nothing to do with green. Has everything to do with Germany not having much energy there. So while it still needs to import energy for heating, it shouldn’t be importing energy to make expensive steel. It should just import lower cost steel
Google is by and by paying $27485 to $29658 consistently for taking a shot at the web from home. I have joined this action 2 months back and I have earned $31547 in my first month from this action. I can say my life is improved completely! Take a gander at it what I do…..
For more detail visit the given link………………..>>> http://www.jobsrevenue.com
The Department of Energy states all the spent nuclear fuel from nuclear generation in the USA since day one would fit on one football field at a depth less than 30 feet. This spent fuel can be used to power Nuclear Fast Reactors, none of which are currently in the use in the US.
Germans getting rid of their Nuclear Plants was a stupid decisions.
The USA not building more plants and investing more in nuclear research is also poor decision making. The USA should be generating at least half our power with Nuclear Fission.
"The Department of Energy states all the spent nuclear fuel from nuclear generation in the USA since day one would fit on one football field at a depth less than 30 feet. "
What the Department of Energy didn't state was that such large amount of radioactive material crammed into a small space would be begging for catastrophe.
Don't be obtuse. The point is how little there is when it comes to nuclear waste, not that it should all be stored in one place.
That point is nonsense. The problem with nuclear waste is that people many generations into the future are going to have to deal with it. We can’t even figure out how to leave those generations anything except our drunken sailor bills. Now we’re gonna make them broke – and give them toxic waste to kill them too?