Japanese Prime Minister Sanae Takaichi is sticking to her course: LNG from Russia remains the only viable option for Tokyo because it is simply cheaper. Even compared to US gas, Russian liquefied natural gas proves to be more cost-effective and efficient. This allows the country to keep energy prices stable and avoid dependence on expensive […]
In Havixbeck, a serious accident involving a Nordex N149 wind turbine has caused a stir. The wind turbine collapsed at the end of October, severely damaging the Herkentrup wind farm. Over 100 investors and shareholders, who are involved through subordinated loans as part of a citizen participation scheme, are now worried about their money and
Wind turbine accident in Havixbeck – now investors are worried about their money Read More »
A profound transformation is underway in the industrial heartland of southwestern Germany. The former engine of the German economy is mired in a crisis that has long since become symbolic of a historical upheaval. Transformation, job cuts, and declining sales are hitting the automotive industry hard. Both Porsche and Mercedes are losing momentum, while southern
Europe is locked in a dangerous race for the future of its energy supply. The solar boom is driving electricity generation to record highs, but the power grid is lagging behind. While new plants are coming online everywhere, there is a lack of infrastructure to safely distribute the energy. Without intelligent planning, a major blackout
A race against time – how Europe’s solar boom is overloading the power grid Read More »
Bill Gates, once a celebrated climate pioneer, criticizes the “doomsday view of climate change” and calls for a clear change of course. The Microsoft founder – a symbol of innovation, the energy transition, economic growth, and sustainability – was once one of the most influential drivers of global climate policy. Today, he advocates for a
Climate pioneer Bill Gates warns of the consequences of global climate policy Read More »
Amazon is facing a profound restructuring that is sending shockwaves around the world. Approximately 14,000 administrative jobs are being eliminated as a result of technological change. This realignment is not driven by economic necessity, but rather by a strategic decision. The company is consistently focusing on artificial intelligence, automation, and innovation to streamline its structures.
Radical restructuring at Amazon – 14,000 jobs fall victim to AI Read More »
Global energy demand is rising at a breathtaking pace – driven by the rapid development of artificial intelligence. More and more data centers are consuming enormous amounts of electricity, posing new challenges even for tech giants. Against this backdrop, Google is pushing ahead with the reactivation of the Duane Arnold Energy Center in Iowa. The
Germany’s competitiveness is under massive pressure. Climate policies are driving energy prices to record levels, carbon pricing is escalating, and industry is losing confidence in Germany as a business location. Political decisions have created a system that harms the economy more than it helps. High electricity costs and the phase-out of nuclear power are weakening
“We can’t go on like this anymore” – with these urgent words, thirteen mayors from German state capitals are drawing attention to the dramatic situation facing many municipalities. In a joint letter to the federal government, the city leaders describe the escalating financial crisis that is pushing numerous cities to the limits of their capacity.
Mayors warn of impending financial crisis in German municipalities Read More »
The dream of a new energy era has a firm grip on Germany. The vision of a climate-neutral future with green hydrogen was considered a national guiding principle, intended to replace fossil fuels. But billions are being poured into an energy concept that appears hardly viable. According to the Federal Court of Auditors, realistic foundations
Germany’s hydrogen vision is failing – an expensive dream without a future Read More »
The US government has awarded a historic contract to the American company Westinghouse. The contract involves an investment of at least 80 billion US dollars and is considered a cornerstone of a new energy policy. The goal is the massive expansion of nuclear energy, which is intended to play a key role in the national
The mood in the German export sector remains tense. The “autumn of reforms” announced by Friedrich Merz was supposed to provide new momentum. But reality paints a different picture: stagnating exports, growing industrial problems, dwindling confidence, and a lack of investment. The ifo index of export expectations fell to 2.8 points in October, down from
Despite insolvency, broken promises, and spiraling costs, Schleswig-Holstein is sticking to its controversial commitment to Northvolt. Further subsidies amounting to 75 million euros are intended to prop up the loss-making project, even though more than 336 million euros in funding have already been squandered. The state government is thus risking further waste of taxpayers’ money
A bottomless pit – Schleswig-Holstein plans new multi-million euro aid for Northvolt. Read More »
The black-red coalition hopes to revive sluggish sales of electric vehicles with a new subsidy program. However, despite subsidies, improved infrastructure, falling electricity prices, and a growing number of charging stations, the market remains sluggish. Buyers’ lack of confidence in the long-term viability of electromobility is hindering development. Many prospective buyers doubt whether a purchase
The situation at the robot manufacturer Kuka in Augsburg is escalating. The planned job cuts are causing unrest, as more than 400 jobs could be lost at the plant. The industry is under massive pressure due to Asian competitors driving down prices. At the Swabian site, fears are growing that the job cuts could be
