June 2022

Biden declares emergency on power supply

On 6 June, the White House in Washington released US President Biden’s emergency executive order on electricity generation capacity. The President of the United States Joseph R.Biden Jr. is using the executive order to declare an emergency with respect to the threat to the availability of sufficient electricity generation capacity to meet anticipated customer demand. …

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Energy turnaround into a dead end

Economics and Climate Minister Robert Habeck is working on the energy turnaround and the decarbonisation of Germany to avert climate catastrophe. The goal is 100 % renewable energy in a few years. However, Habeck’s “Easter package” on the energy transition leaves many questions unanswered. In 2021, wind and solar energy accounted for only 5 % …

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Food price increases not yet over

As a recent study shows, producer prices for food have risen much faster than retail prices in supermarkets. Increased energy prices are particularly responsible for this. It is therefore foreseeable that food prices will continue to rise in the near future. The price increase is likely to be even higher than before. Trade expert expected …

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EU states decide on oil embargo

The EU states have decided on an oil embargo against Russia. As is so often the case with such decisions, however, there is a compromise with several exceptions. For example, at Hungary’s request, oil deliveries through pipelines are not to be affected. Therefore. Germany and Poland now want to voluntarily renounce deliveries through pipelines. EU …

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