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German economy crashes

The latest figures show the massive impact of energy policy on the German economy. The trade balance is negative for the first time since 1991, due to the dramatic collapse of exports to China and Russia (Welt: 04.07.22). Not a single German company is among the world’s top 100 any more. More and more companies, […]

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Experts doubt that Habeck’s LNG strategy will work

Economics Minister Robert Habeck wants to replace Russian natural gas with liquefied natural gas (LNG). But this involves considerable quantities that are not available on the world market and the necessary infrastructure is not in place. German shipowners have now expressed massive concerns that Habeck’s LNG strategy will work. Experts criticise LNG strategy of the

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Penalty tax on roofs without solar panels under discussion

Economics Minister Habeck wants to expand renewable energies to 80 per cent of electricity demand by 2030. He envisages a quadrupling of the expansion with solar installations. However, the introduction of a nationwide solar roof obligation has failed so far. Now the managing director of the engineering firm Solar Experience, Stefan Abrecht, is proposing a

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The Gas War

The rich European industrialised countries are trying to become independent of Russian gas supplies. To this end, they buy liquefied gas on the world market from all available sources and pay almost any price for it. This leads not only to an explosion in prices, but also to massive supply bottlenecks in the emerging countries.

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Federal Network Agency can no longer guarantee gas supply to private households

In the meantime, the Federal Network Agency assumes that gas supplies from Russia will be stopped. Although private households would be particularly protected in the event of a supply stop, the agency nevertheless assumes that not all households can be supplied. Network agency assumes that gas will soon no longer be enough for everyone In

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Habeck plans penalty tax for vehicles with combustion engines

Finance Minister Christian Lindner wants to abolish the purchase premium for electric cars than planned It is no longer comprehensible that the state subsidises the purchase of electric cars while the manufacturers make billions in profits. To the annoyance of the Greens, Chancellor Olaf Scholz supports the Finance Minister in abolishing the misguided subsidy. That

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Habeck’s plan for the energy turnaround collapses after only a few months

Only a few weeks in office, Habeck presented his plans for the energy transition in his Easter package. Among other things, he envisages the massive expansion of gas-fired power plants. With an additional capacity of over 40 GW, these should compensate for the shutdown of nuclear power plants and the even earlier phase-out of coal.

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