That’ll show that old Putin.
Symbolic gestures are just like wind and solar energy. You know, symbolic gestures?
Germany approves energy-saving measures for winter – The German government has approved a set of energy-saving measures for the winter which will limit the use of lighting and heating in public buildings.
The government aims to reduce gas usage by 2% through the new rules.
That means immeasurable. You know, like die Preise steigen ins Unermessliche. Prices are going through the roof.
German Power Price Soars, Hitting 700 Euros for First Time Ever – Europe’s benchmark electricity price jumped more than 25% on Monday to pass 700 euros per megawatt-hour for the first time. The level is about 14 times the seasonal average over the past five years.
European gas and power prices surged as panic over Russian supplies gripped markets and politicians warned citizens to brace for a tough winter ahead.
Benchmark gas settled at a record high, while German power surged to above 700 euros ($696) a megawatt-hour for the first time. Russia said it will stop its key Nord Stream gas pipeline for three days of repairs on Aug. 31, again raising concerns it won’t return after the work. Europe has been on tenterhooks about shipments through the link for weeks, with flows resuming only at very low levels after it was shut for works last month.
“The catastrophe is already there.”
That means to put under pressure, or to feel the squeeze.
Germans feeling the squeeze over surging food, energy prices – Middle- and low-income families say they’re struggling to make ends meet amid high inflation, soaring energy bills.
Inflation has soared in recent months, hitting 7.5% in June, and according to the latest German central bank estimate, it is likely to rise further this fall, reaching double digits.
That means existential threat. Like: “The existence of many companies is being threatened by the increased prices.”
German companies are supposed to save gas. But the switch to oil, for example, is being held back by bureaucracy and legal uncertainty.
The German government is calling for gas savings, with the Federal Minister of Economics leading the way – and yet, from the point of view of companies, the government is preventing exactly what it is calling for. Several associations say that it is very difficult for companies to obtain approval for retrofits.
When you’ve got less than three months of gas for the coming winter.
Hang in there. You’ll have enough for four months in no time, Germany. Or maybe you won’t. But still. Self-imposed dependency rocks.
Stocks are rising fast, but still not enough, regulator says.
Has a nice ring to it, doesn’t it? That means nuclear power.
The real world has a way of biting you in your ideological ass from time to time.
Germany to Keep Last Three Nuclear-Power Plants Running in Policy U-Turn – Move prompted by the mounting economic war with Russia marks the first departure from a two-decade policy to abandon nuclear energy.
Germany plans to postpone the closure of the countr’s last three nuclear power plants as it braces for a possible shortage of energy this winter after Russia throttled gas supplies to the country, said German government officials.
Electricity prices in Germany:
Google Searches for ”firewood” in Germany:
You won’t be able to pay for your heating this winter as it is? We’ll help out by adding an additional tax to that. Only we won’t call it a tax, of course. We’ll call it an Umlage. That means contribution, share, levy.
It’s what we do here in Green Germany. It’s for the greater good or something.
Germany Slaps Levy on Households to Spread Pain of Gas Surge – Government allows industry to pass on prices to consumers.
Germany’s government said households will face additional annual costs of about 290 euros ($296) to pay for natural gas as the burden of Russia’s squeeze on energy flows to Europe is redistributed.
That means, literally, the end of the terrain. You know, as in the end of the line, end of the story, the buck stops here? That’s the name of that leftist climate activist group down there.
They’re trying to blockade the port of Hamburg (because of that bad LNG stuff coming from Amerika) and a coal-fired power plant in order to save the planet.
Now, I’m no climate activist expert here, but if you’re going to block a train shouldn’t you be on the tracks and not between them? Just saying. And they’re not even glued to anything yet. A little more quality control here, people.
That means weak link. I could also mean limp member, but let’s not go there.
Weak. You know. Like the German economy?
From Europe’s powerhouse to its weak link: Germany’s economy stutters – Economic model that depends on exports has been hit by a series of external shocks.
Germany is experiencing a squall of shocks that are darkening its economic outlook. Along with soaring inflation, persistent supply chain problems and weaker global demand are weighing heavily on its industrial sector.
“What’s most worrying is just how broad-based the weakness in the economy is,” said Clemens Fuest, head of the Ifo Institute, a think-tank. In previous downturns, services suffered but industry recovered, and vice versa. “But now we’re seeing weakness across the board.”
The Germans are now even willing to accept sour crude (its sulfur content exceeds 0.5%) from US-Amerika ITSELF.
How impure or something.
A tanker of U.S. sour crude was delivered at Germany’s port of Rostock last week for the first time ever, according to sources, analysts and vessel tracking data, as local refiners test alternatives to Russian oil.
Observing Hermann 