Germany’s new Chancellor Olaf Scholz’s government vice chancellor and economic minister Robert Habeck, a leading member of his country’s Green Party, has experienced a rude lesson regarding the disastrous consequences of his years of naïve opposition to fossil fuels.After tasking his top officials to assess the energy security implications of Germany’s dependence on Russian supplies in the event of a then-looming Ukraine invasion, their conclusions were desperately dispiriting.Habeck reportedly … [Read more...]
America Is Following Germany’s Failed Climate Goals
Germany was the first major economy to make a big shift in its energy mix toward low-carbon sources, but it is failing to meet its climate goals of reducing carbon dioxide emissions even after committing to spend over $580 billion by 2025 to overhaul its energy systems. The nation’s emissions miss should be a “wake-up” call for governments everywhere. Germany stepped up as a “leader on climate change” by phasing out nuclear and pioneered a system of subsidies for wind and solar that sparked a … [Read more...]
Europe Flees Economy-Destroying Green Initiatives While Obama Presses On
C02 reduction regulations and subsidies for “green energy” are destroying the European economy, and the United States is next. But Europe’s waking up. After years of trying to lead the push to go green, it has turned around and begun steep cuts in its climate protection goals. Why? To save member states’ economies. For example, Germany, one of the strongest proponents of environmental regulations in the European Union (EU), has seen energy prices soar, making its prices the highest in Europe. … [Read more...]
