German of the day: Luftschloss

That means a castle in the air.

You know, a pipe dream. Like Germany’s renewable “energy turnaround” pipe dream. Only now the money has stopped coming down the pipe. Reality always sticks up its ugly little head sooner or later.

Germany Plans to Cut Renewable Subsidies as State Costs Soar – Nation to cut all payments next year when prices turn negative.

Payments will also be based on investment rather than output.

“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”

– Henry Hazlitt

We deceived for the greater good

Because our ideology said we could.

Green deception isn’t like normal deception. It’s cleaner. And renewable.

German ministers quizzed over nuclear phase out ‘deception’ – A political magazine alleged that the Economy Ministry hid expert advice supporting the extension of Germany’s remaining nuclear power plants. Two ministers defended their decision to a parliamentary committee.

Cicero magazine reported a day earlier that officials from the environmentally friendly Green Party had acted in a “deceptive” manner by ignoring expert advice and seeking to proceed with the phase-out of nuclear energy, which had been planned since 2011…

Habeck’s viewpoint conflicted with advice from experts who said that nuclear power could help save the use of gas and avoid a power crisis, just as Germany was trying to cut its dependence on Russian energy.

German of the day: Unwahrscheinlich

That means unlikely. As in “a recovery of German industry to the level before the war in Ukraine is unlikely.”

Go Green, go… lean.

Germany set to permanently pay for reliance on Russian gas—as power chief says ‘significant structural demand destruction’ means it will never fully recover from energy crisis.

German industry got rich, thanks partly to its close energy trading relationship with political and economic rival Russia. The past few years have shown just how misguided that relationship was, as Russia invaded Ukraine and cut off Germany’s cheap, vital gas supply.

Now, one of Germany’s leading renewable-power bosses has suggested it’s a mistake the country could rue forever, as the fallout from the energy crisis is set to permanently damage its industry.

It just keeps getting wackier…

Europe’s largest emitter of CO2 wants to start burying it in the ocean.

Do you have any idea how much dirt that would take?

OK, they want to bury it in sub-seabed storage. But still.

Germany to allow carbon capture, underwater storage – German Economy Minister Robert Habeck says Berlin will need to allow sub-seabed storage of CO2 produced in certain industries in order to reach its goal to be carbon neutral by 2045.

Other than that, though…

Germany’s economy is doing just fine.

Germany’s economy is on shaky ground and glimmers of hope are few and far between – Good news has been sparse for the German economy. And the latest economic data has not done much to change this.

A few key 2023 data points, namely factory orders, exports and industrial production, were out last week and indicated a weak end to the year that saw questions about Germany being the “sick man of Europe” resurface.

What a great step forward!

Into the brave new renewable energy future. The German government has announced it will spend €16 billion to build four major natural gas plants to meet the electricity demand their beloved renewable energy technology simply can’t meet.

A brilliant move, and long expected. Overdue, actually. You see, wind and solar power are so unreliable that you must always build a second “dirty” system (CO2 is a BAD “pollutant,” remember?) to back them up. This way you get to spend twice as much as you would have if you had only used the dirty system to begin with. Or, heavens forbid, if you had used nuclear energy to begin with (it doesn’t produce any CO2). This way, in other words, you can save the planet with one hand while you continue to pollute it with the other.

After scrapping nuclear reactors, Germany to spend billions on new gas power plants – The fossil fuel expansion is needed to ensure long-term energy security, according to industry and the government.

In a statement Monday, officials said the new strategy came “in addition to the consistent expansion of renewable energies,” and was key to ensuring steady power supplies “even in times where there is little sun and wind.”

This, too, will help reduce CO2

And that’s the main thing.

German industrial output drops unexpectedly in November – German industrial production fell unexpectedly in November by 0.7% compared to the previous month, the federal statistics office said on Tuesday.

As reported earlier, this only confirms that the Green plan to shut down Germany in order to save the planet is running like clockwork.

It Ain’t Rocket Science

When your industries start to tank because of the high costs caused by Green renewable energy fantasies, you produce less.

The less you do, the less CO2.

Germany’s 2023 CO2 emissions fall to lowest in 70 years but drop not yet sustainable – study.

Germany’s carbon dioxide emissions in 2023 fell to their lowest since the 1950s due to less coal-fired power and reduced output by energy-intensive industries, but the decline is unsustainable without climate policy changes, a study said on Thursday…

Industry emissions met government targets, falling 12% year-on-year, at 144 million tonnes, following an 11% drop in energy-intensive output, it added, warning that that fall could be lost this year with the sector’s recovery.

Time to say goodbye

To your latest Green fantasies.

The money. She is gone, señor.

Germany’s Greens thought their moment had finally come… But then, last month, Germany’s top court handed down a ruling that effectively stripped the ruling coalition of the full financial firepower it needs to make those ambitions a reality.

The bombshell ruling by Germany’s Constitutional Court blew a €60 billion hole in the country’s finances, leaving the government scrambling to fill the gap. At the same time, the ruling sharply limits the government’s ability to draw from special funds created to circumvent the country’s constitutional debt brake, which restricts the federal deficit to 0.35 percent of GDP except in times of emergency.

These special funds were supposed to help finance several projects which are core to the Greens’ agenda — such as the transition of steel plants to hydrogen energy, subsidies for battery and microchip production, and the modernization of the country’s railway network.

Asking a government to “fund honestly?”

A government with Net Zero Honesty? Good luck with that.

The truth hurts too much.

Germany Faces the Green Fiscal Truth – The constitutional court rules Berlin will have to fund net zero honestly.

Things have gone from bad to worse in Germany this week after a court ruling that’s forcing the government to do something truly shocking: level with voters about how much the net-zero energy transition will cost. Please pass the smelling salts.