Now That We Face A Crippling Shortage Of Natural Gas…

Let’s turn off our remaining nuclear power plants too.

We have a reputation for being gründlich (thorough), after all.

Germany’s scramble to revamp its energy policy – Germany woke up too late to the risks of energy dependence on Russia. Moscow’s natural gas shutoff may make it one of the hardest-hit EU economies.

At a dinner at the German embassy in London on October 23, 1980, German Chancellor Helmut Schmidt shocked British Prime Minister Margaret Thatcher when he told her that West Germany relied upon the Soviet Union for 14 percent of its daily natural gas consumption. “That was very dangerous and unwise,” she said. Mr. Schmidt responded, “My dear Margaret, the Russians have always been the most reliable suppliers. They need us as much as we need them. There is no danger at all.” For nearly 40 years, the chancellor’s optimistic assessment appeared accurate, and Germany’s dependence on Russian gas only kept increasing.

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