The Majority Of Germans Were Also Confident That The Energy Supply From Russia Was Secure

“Whenever you find yourself on the side of the majority, it is time to pause and reflect.”

Majority of Germans confident energy supply to remain secure through winter, survey shows.

Nearly two thirds of Germans believe that power supply in Europe’s biggest economy will remain secure over autumn and winter, a survey showed on Tuesday, as Berlin scrambles to compensate for falling Russian energy imports.

Do As I Say And Not As I Do

Or, if you prefer, no more German Alleingänge (going it alone)… After this one. Promise.

Tensions flare over the EU’s new irresponsible big spender: Germany – Countries say Berlin has a burden of responsibility not just to pour billions into its own economy — when German mistakes created the crisis.

Ten years ago, when Europe was in the throes of the eurozone crisis, Germany led the drive for austerity. Now the rest of Europe is fuming about Germany’s heavy spending on energy subsidies that they fear could exacerbate the Continent’s politically explosive rich-poor divide. It hardly helps these growing tensions that it was Berlin’s misguided dependence on Russian gas that helped trigger the bloc’s energy crisis in the first place.

Gas Consumption Too High?

Well, we’ll fix that by subsidizing its use to encourage consumers to consume even more.

No need to thank us. We’re from the government and we’re here to help.

German gas consumption too high, says energy regulator – Germany’s network regulator, whcih would be in charge of gas rationing in the event of a supply emergency, on Thursday said that household consumption was too high to be sustainable.

Bless Its Pointed Little Head

Reality’s pointed little head, I mean. It will always get stuck up in your face, sooner or later.

Green utopia vs. the phenomenal world AKA the hard realities of life (that it’s cold in winter, for instance). Guess who wins?

Germany delays exit from nuclear power to offset energy shortfall – Two nuclear plants’ lives extended as country copes with loss of Russian gas and shortage of French electricity.

French nuclear-generated electricity, I might add.

Saudi Arabian Sleeze Not So Sleezy After All

When trying to wiggle your way out of your self-imposed energy dependency on Russia.

Don’t get me wrong. Germans are very concerned about Saudi Arabia’s human rights record. Very concerned. Or they were. Up until very recently.

Germany’s Scholz in Saudi Arabia as Gas Crunch Bites Economy – German Chancellor Olaf Scholz looked Saturday to secure more energy supplies, meeting with Saudi Crown Prince Mohamed bin Salman to discuss future cooperation, including on hydrogen imports, as Europe’s largest economy struggles with fallout from the Russia-Ukraine war.

Talks between the two leaders in Jeddah dealt with the relationship between their countries, Scholz said. Germany is seeking to import “large amounts of hydrogen” amid a push to reduce carbon-dioxide emissions, he said.

More Funds

Are always more fun!

Give me a break, people. Look, I’m burning this money as fast as I can!

German minister call for more funds for companies as debt debate intensifies – The German economy minister (Greens) on Thursday called for more government funds to support companies as a debate intensifies on whether Berlin should suspend its debt brake next year.

German Of The Day: Steuereinnahmen

That means tax revenues.

How’s it go again? The bigger they are, the harder their tax revenues fall? Jeepers. I wonder why tax revenues would be falling in Germany these days. It’s not like businesses are only just beginning to go bankrupt thanks to Germany’s dependency on Russian gas, Green utopian make-believe, skyrocketing energy costs and the resulting crazy inflation. It must be something else.

German tax revenues fall in August for first time this year – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry said on Thursday.

German Of The Day: Widerspruch

That means contradiction. This is a word that is in constant demand in Germany.

Germany’s Energy Crisis Plan Contradicts Itself – The German government is desperately trying to conserve gas—and subsidizing its use.

Germany’s self-imposed target is to cut back gas use by 20 percent, which is roughly the shortfall caused by Russia’s discontinuation of gas supplies amid its war in Ukraine. Yet…

The federal government has said it will set price caps on gas and electricity by the end of the year. So… Contrary to the greater goal of throttling back consumption, price caps and subsidies will have a positive effect on demand. By easing the burden on consumers, they dilute the price signal to save. “This increases the risk of brownouts and blackouts over the winter,” said Toby Couture of the energy consulting firm E3 Analytics, “as citizens and businesses consume more power than the system can effectively supply.”

German Of The Day: Alarmstufe Rot

That means red alert.

Red alert for the German economy. After months of speculation, it is now official: Russia is turning off the gas tap on the Nord Stream 1 pipeline indefinitely. Germany is facing difficult times. Not only a cold winter is looming, but an industrial ice age.

German economy to shrink all winter as gas taps are turned off, Bundesbank says – The German economy is contracting already and will likely get worse over the winter months as gas consumption is cut or rationed, the country’s central bank said on Monday.

We’re Just The Government

We only create the inflation. We’re clueless when it comes to knowing how to stop it.

Anybody out there have any ideas?

German government tasks experts with proposing inflation-busting ideas – he German government will establish a committee of experts and task them with coming up with policy proposals to combat the soaring cost of heating and gas, Chancellor Olaf Scholz said on Thursday.