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> The big push is largely funded by countries like Germany going for full renewables. Funny that you quote the country with the worse energy policy in the worl
by bboygravity 3y ago
> The big push is largely funded by countries like Germany going for full renewables.
Funny that you quote the country with the worse energy policy in the world as a good example to follow.
Germany has some of the highest CO2 emissions per capita in the EU, has the highest kWh production price in the EU, imports tons of cheap clean nuclear energy from France to meet depend (exactly because they have renewables and there is no proper affordable storage technology that exists in the real world).
They have a chancelor who was/is openly in bed with Putin (Schroder if you want more info) who basically helped the Russians by making Germany dependent on their gas by making Germany switch to non-continuous energy sources (wind / solar, gas falls in for "the battery" that doesnt exist). All on purpose: got a nice "job" at Gazprom afterwards as a reward.
Now that the gas lines to Russia are gone Germany is importing natural gas in ships from the US. Very green! To fill in the other gaps they reopened their coal mines and started burning more coal once more. They closed their last nuclear power plant in the past year as well, so there will only be more of that.
And that's your good example to follow?
I would not invest at your investment bank needless to say.
- haizhung 3y agoGermany is not the country with the highest co2/person in the EU. [1] Where did you get this information from? Further, comparing electricity prices in Germany to France is a moot point, because France has a fixed consumer price and pays the rest using taxes. More further, France is importing more electricity from Germany than Germany is from France. Ironically, because their nuclear reactors are failing. [2] So most of your points are probably false. [1] https://en.m.wikipedia.org/wiki/List_of_countries_by_carbon_dioxide_emissions_per_capita https://en.m.wikipedia.org/wiki/List_of_countries_by_carbon_... [2] https://www.reuters.com/business/energy/even-crisis-germany-extends-power-exports-neighbours-2023-01-05/#:~:text=Due%20to%20the%20technical%20problems,of%20national%20usage%20by%201%25 https://www.reuters.com/business/energy/even-crisis-germany-....
- se0 3y ago> More further, France is importing more electricity from Germany than Germany is from France. Ironically, because their nuclear reactors are failing. Absolutely not. It happened only in 2022 for a very particular reason, maintenance for a defect now resolved. As of right now, France is exporting almost 3GW to Germany ;)
- TheSpiceIsLife 3y ago> Germany is not the country with the highest co2/person in the EU. [1] Where did you get this information from? The comment you replied to didn’t make that argument.
- lnsru 3y agoGermany has weird history of energy politics. 20 years oil heating was bad one. Gas heating was the good one. Now gas heating is bad one and heat pump with renewables is good one. After 20 years heat pumps will be evil, because imported from China or another silly reason. My recommendation for German government: make electricity cheap and nobody will think twice installing heat pumps or buying electric vehicles. Current price 0.3-0.5€/kWh depending on location what is insane.