Germany is on a “fatal path”
In a recent interview[1], Professor Fritz Vahrenholt sheds light on the global energy transition and the drastic consequences of Germany’s Energiewende (transition to green energies). In a nutshell: The country is ruining itself.
In an interview with Apollo News[2], energy expert and former environment senator Professor Fritz Vahrenholt paints a bleak picture: while the global climate front is crumbling, Germany is willingly continuing down its path to deindustrialization and economic collapse.
“The country is being destroyed for nothing,” said Vahrenholt,
The US (under Donald Trump) is withdrawing from strict climate policy and focusing on cheap, self-sufficient energy sources such as fracking and nuclear power. Meanwhile, China is still considered a developing country, is building new coal-fired power plants every week, and is the biggest beneficiary of European policies.
This leaves Europe, with only 6.5% of global emissions, in an expensive solo effort.
The climate horror scenarios propagated six years ago by activists such as Greta Thunberg have not materialized – on the contrary: the Arctic ice is stabilizing and the Earth is becoming greener, according to Vahrenholt.
Devastating economic consequences for Germany
The consequences for German industry are devastating. High energy prices and CO2 certificates put it at a massive competitive disadvantage compared to the US and China, where energy costs are often only a third of the price.
The real problem is that if industries (steel, chemicals, automotive suppliers such as Bosch) are moving out of Germany.
Quote from Vahrenholt: “If production is relocated to China, CO2 emissions will increase three to sixfold. You can’t be so stupid as to shoot yourself in the foot, so to speak,” Vahrenholt told Apollo News.
Germany is deliberately continuing to shut down its cheapest energy sources (coal and nuclear power) and making itself ever more dependent on expensive imports (LNG gas, e.g., from the US).
Ideological political agenda, nothing to do with prosperity
Vahrenholt sees the rigid adherence to this course not only as poor planning, but also as a “hidden agenda” of the green-socialist elite: “The real debate is that those who have championed climate protection have generally had a hidden agenda, namely anti-capitalism, anti-industrialism, and anti-cars,” Vahrenholt says (19:05).
Time to wake up
This ideologically driven policy is leading directly to what Vahrenholt calls energy poverty for Germany. While the US is experiencing a re-industrialization thanks to its focus on cheap energy, Germany is threatened with decline if voters do not fight back soon.
Time is running out.
The world has had enough of climate policy, according to the energy expert. The German government’s refusal to change course is leading to job losses (think of the 15,000 jobs at Bosch) and a decline in prosperity.
Vahrenholt is calling on politicians to finally show courage and admit that the “fatal path” of the double phase-out of coal and nuclear power must be stopped. Otherwise, he says, Germany will inevitably fall behind.
References
- ^ recent interview (www.youtube.com)
- ^ interview with Apollo News (www.youtube.com)