All it took was a War.
Policies based on fashion can be dead-set one day and gone the next. Until Saturday Germany was about to close its last nuclear power plants, gas production had been falling for 20 years and it planned to phase out coal plants by 2030.
Germany was the largest energy consumer in Europe, but was also determined to pursue Energiewende, the policy of transitioning from fossil fuels.
On Sunday all that changed:
Nuclear, coal, LNG: ‘no taboos’ in Germany’s energy about-face
By Christoph Steitz, Riham Alkousaa and Maria Sheahan, Reuters
In a landmark speech on Sunday, Chancellor Olaf Scholz spelled out a more radical path to ensure Germany will be able to meet rising energy supply and diversify away from Russian gas, which accounts for half of Germany’s energy needs.
“The events of the past few days have shown us that responsible, forward-looking energy policy is decisive not only for our economy and the environment. It is also decisive for our security,” Scholz told lawmakers in a special Bundestag session called to address the […]
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