Bad American Fracking LNG Suddenly Not That Bad After All

In Germany. Not nearly as bad as it was a few days ago, in fact. Just like that. It’s magic or something. It’s fracking inexplicable!

Germany Goes Ahead With First LNG Terminal to Cut Dependence on Russian Gas – Germany unveiled more details Saturday on its plan to build its first liquefied natural-gas terminals as it seeks to wean itself off its dependence on Russian gas.

The terminals are the latest step in Berlin’s diversification efforts that have been urgently ramped up in recent days following Russia’s attack on Ukraine. Germany gets around 55% of its gas from Moscow and has long been resistant to diversifying away from cheap and plentiful Russian energy supplies.

Germany last week halted the $11 billion Nord Stream 2 project, which would have doubled the capacity of an existing pipeline traveling along a similar route. The government also announced plans for gas and coal storage and commissioned its gas market trading hub to buy LNG for 1.5 billion euros, or the equivalent of $1.64 billion, from outside Russia.

Any Other Country Could

And would, of course. But Germany? Planet Germany? German Renewable Energy Disneyland itself? Do NOT place any bets on that one.

Explainer: Could Germany keep its nuclear plants running?

Of the 17 nuclear power plants Germany had at the time, only three remain in operation now: Isar 2, Emsland and Neckarwestheim 2, which are operated by German energy firms E.ON (EONGn.DE), RWE (RWEG.DE) and EnBW (EBKG.DE), respectively.

Under current plans, the plants, with combined capacity of 4,200 gigawatts (GW), will be shut down by the end of 2022.

More Than Double?

For the country that already pays the highest energy prices in Europe?

Why The Latest Russia Crisis Might Be Worse For Berlin Than Moscow And Kyiv – Germany is wedded to Russian oil and gas. If things got hot, what would Russia do?

“In the hypothetical event of a full-blown conflict between Russia and Ukraine, we would expect the main impact on the eurozone economy to stem from higher gas prices. We would expect gas prices to more than double. Eurozone inflation would hit over 6% by the spring and remain elevated longer than in our base case.”

German Of The Day: Cyber-Attacke

That means cyberattack.

An oil storage and a supply firm? Why would anybody attack oil storage and supply firms in Germany these days? And who could have possibly done it?

Germany: 2 oil storage and supply firms hit by cyberattack – Two companies involved in storing and supplying oil and other materials said Tuesday they have been hit by a cyberattack that has impacted operations in Germany.

Oiltanking GmbH Group and Mabanaft Group on Saturday discovered what they called a “cyber incident affecting our IT systems” and launched an investigation together with external specialists, the companies said in an emailed statement. They did not elaborate on the nature of the incident or address who might be responsible, and said they are working to understand its “full scope.”

This Is CNN?

How refreshing or something. What others (conservative voices) have been warning about for years and years has finally gone “mainstream” – as in North Stream 2.

Why Germany is so vulnerable to Russian blackmail – Roughly half of Germany’s natural gas imports come from Russia. That reliance will become increasingly important in coming years as Germany embarks on a simultaneous phaseout from coal and nuclear energy. Russia is also an important destination for German exports. And for historical reasons, German leaders have long desired close relations with Russia.

Slowly but surely, Germany has maneuvered itself into a position of vulnerability vis-à-vis the Kremlin.

German Greens Red With Green Rage

Because the rest of Europe seems prepared to finally get rid of some out-dated Green ideological ballast. Time to bury an unshakeable, near-religious conviction that never had a place in the real world in the first place.

EU drafts plan to label gas and nuclear investments as green – The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly.

The European Commission is expected to propose rules in January deciding whether gas and nuclear projects will be included in the EU “sustainable finance taxonomy”.

This is a list of economic activities and the environmental criteria they must meet to be labelled as green investments.

By restricting the “green” label to truly climate-friendly projects, the system aims to make those investments more attractive to private capital, and stop “greenwashing”, where companies or investors overstate their eco-friendly credentials.

Germans To Save The Environment By Destroying The Environment

Please don’t let Green Germans in on this climate crisis fun fact. It would only hurt their feelings.

Green utopians bravely ignore two fundamental problems with renewables: They are unreliable, thus requiring 100% backup, and energy-dilute, not energy-dense (like nuclear power), requiring huge tracts of land, transmission lines, mining, etc. (Apocalypse Never, Michael Shellenberger).

Wildlife concerns blunt Germany’s green power efforts – Germany is expanding its power grid to aid the transition to renewable energies, but local residents in some areas are holding up the process over concerns about wildlife.

“The problem is that wind energy is produced largely in the north, while many needs, especially industrial ones, are in the south. This electricity must therefore be transported using new networks,” Dierk Bauknecht, an expert at the Oeko-Institut research centre, told AFP.

To meet these needs, the German government has launched more than one hundred new power line projects over the past few years spanning 12,000 kilometres, according to official figures from the economy ministry.

German Of The Day: Aussetzen

That means suspend.

Certification of controversial Russian gas pipeline suspended by Germany – The United States and Ukraine oppose Nord Stream 2, which was completed earlier this year but is not yet in operation.

Germany’s network regulator said Tuesday that it has suspended its procedure to certify the operator of a new pipeline that would bring Russian gas to the country under the Baltic Sea because of an issue with the company’s status under German law.

Die Bundesnetzagentur setzt ihr Verfahren zur Freigabe des Gastransports durch die Gaspipeline Nord Stream 2 vorläufig aus.

Is It A Pangolin?

Is it a Piebald Squirrel? Maybe it’s a Kermode Bear?

Nope. But it is most definitely an extremely rare sighting in Germany. And in Berlin of all places. It is a so-called “pro-nuclear activist,” practically extinct, a highly endangered species indeed. They’re never seen in these parts. Not for very long. Poachers hunt them for their meat, hide, bones and hair.

German pro-nuclear activists make rare appearance in Berlin – With Germany set to shut down its last six reactors in 2022, a group of pro-nuclear activists made a rare appearance in Berlin over the weekend in the hope of reversing the decision. Operators, for their part, are wary of another abrupt policy change.