Germany is in trouble. The IMF has revised its projected growth figures down to just 1.2 percent for 2022. Even this may prove to be optimistic now that gas imports from Russia have dropped to just 20 percent of what was anticipated prior to the EU sanctions. With autumn approaching, German industry is anticipating power outages while the population looks forward to food and energy shortages.
The cuts in gas supplies – resulting, apparently, from Canada refusing to return essential turbines following repair – mean that Germany has no chance of building up its gas storage before winter arrives. And, of course, it is possible that the Russian state will use this moment of weakness to cut supplies even further. After all, most of the future gas which would have gone to Europe has since been sold to Asian states instead.
Inevitably then, German – and western – media outlets will spend much of the winter talking about “Putin’s energy cuts.” In reality, it is the European technocracy and its puppet politicians who bear the greater responsibility. After all, it is they who have spent the last three decades leaving Europe vulnerable to precisely this kind of supply shock. As Lea Booth at Quillette argues:
“The truth is that the Energiewende was doomed to fail from the start. Germany bet big on solar and wind and shut down their nuclear plants when they should have forgone renewables and expanded their nuclear energy program instead. Germany’s anti-nuclear ideology is so rigid that they closed three nuclear plants in December 2021, despite the global energy crisis, and plan to close their last three nuclear plants this December, despite Russia’s energy extortion.
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