Germany’s Economic Bloodbath Worsens as Green Revolution Causes Economy to Bleed to Death

From the NoTricksZone

The “greener” Germany gets, the bloodier its economy becomes. How much can an economy bleed before it dies?

Since Germany has become hostile to industry and its Green Revolution has made energy prices among the world’s highest, it’s no wonder that the country’s economy is hemorrhaging economically. Companies are shutting down and moving out.

Foreign direct investment from Germany into the United States from 2000 to 2022 (in billion U.S. dollars, on a historical-cost basis). Source: statista

For example, German online Blackout News here reports on how automotive supplier IHI has announced the closure of its plant at Erfurter Kreuz, Thuringia, and that around 300 employees will be affected in a region that is already struggling.

The company is an manufacturer of turbochargers for cars and intends to close the plant in 12 to 15 months, reports Blackout News.

The announcement is just the latest in a long, seemingly unending series of closures.

“In recent months, several automotive suppliers have had to close their doors or file for insolvency. This development shows the volatile challenges facing the industry,” comments Blackout News.

Analysts expect the demand for turbochargers, outfitted on internal combustion engines, will be less in the long term due to e-mobility.

Alarming economic pessimism trend

In more economic bad news for Germany, pessimism among small to medium size enterprises (SMEs), once the backbone of the German economy, has risen as the business climate index has fallen steeply to minus 1.4.

“The business climate index, an important barometer for the mood in small and medium-sized enterprises, fell to an alarming low of minus 1.4 points in February,” Blackout News reports here. “This is the lowest level since the financial crisis 15 years ago. A survey of around 1250 companies conducted by Creditreform Wirtschaftsforschung shows that the majority of respondents forecast a gloomy future for the SME sector.”

The latest figures show that there are no signs of hope for a recovery, “after the third year of crisis.”

Analysts blame a number of factors, such as the current weak construction and industrial production, geopolitical conflicts and “unclear economic policies”. The current Socialist-Green coalition government blames everyone else except for themselves.

The German government has shut down its remaining nuclear power plants after lying to the country in claiming that they weren’t needed – just after experts had concluded the opposite was in fact true. The government plans to phase out coal power plants as well, which will only further exacerbate Germany’s energy woes and its hostile business environment.

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Scissor
May 4, 2024 2:05 am

Gives Soros a schadenboner. Schwab too.

MyUsername
May 4, 2024 2:12 am

The latest figures show that there are no signs of hope for a recovery, “after the third year of crisis.”

Third year…mhm…strange…as if Gas and Ukraine are the reason.

Renewables have a brought the price down again.

How much money are European consumers saving thanks to renewables?
https://www.iea.org/reports/renewable-energy-market-update-june-2023/how-much-money-are-european-consumers-saving-thanks-to-renewables

Q&A – Germany’s nuclear exit: One year after
https://www.cleanenergywire.org/factsheets/qa-germanys-nuclear-exit-one-year-after

Like the rest of the world, nuclear was on its way out anyways.

And the german grid has decreasing power outages with a rising renewable share, so much for “Blackout news”

leefor
Reply to  MyUsername
May 4, 2024 2:23 am

So what you are saying the increased prices being charged for electricity is not because those lovely renewable chappies are gaming the system? LOL.

strativarius
Reply to  leefor
May 4, 2024 2:35 am

He or she ignores…

EU signs deal with Azerbaijan to double gas imports by 2027https://www.aljazeera.com/news/2022/7/18/eu-signs-deal-with-azerbaijan-to-double-gas-imports-by-2027

observa
Reply to  leefor
May 4, 2024 3:21 am

Firming up the timing and cost of fickles firming is an inexact science which the doomsters are experts at-
Partial tunnel collapse at Snowy 2.0 construction site raises fresh safety concerns (msn.com)
They need to plug in some more cherry picked proxies by the looks of struggletown’s power bills.

MarkW
Reply to  leefor
May 4, 2024 10:46 am

How can wind and solar be expensive? Wind and sun are free.
LoserName only knows what his handlers tell him to know.

Crispin in Val Quentin
Reply to  MarkW
May 6, 2024 1:24 pm

Your statement, based on the same logic, then :

Coal is free.
Oil is free.
Hydropower is free.
Uranium is free.
Wood is free.
Natural gas is free.
Iron is free.
Silicon is free.
Paper currencies are almost free.

To use them there is a bit of labour involved, of course.

Reply to  MyUsername
May 4, 2024 3:00 am

Check your iea.org attachment as my Virus checker denied me entry.

bobclose
Reply to  MyUsername
May 4, 2024 3:28 am

I don’t know what planet you come from matey- even though your English seems OK.
Business knows when it’s not wanted, and knows where to go to make a buck, which at present is America with is current subsidies to encourage foreign companies to move there. Germany’s industry and the economy in general is on the brink, if cheap reliable energy is not forthcoming soon in the form of reopened nuclear, coal or gas, there will be more company failures, rising unemployment and grid failure from the unreliable renewables.
So, the once great Germany is being reduced to a pauper state- all due to the climate scam- fossil fuel embargo perpetrated by the Greens and the woke idiots in the EU/UN congresses. Only total failure will bring these zealots to their senses, meanwhile millions will be irredeemably impoverished. What a great result for the virtue signaling do gooders! I hope they get their just deserts when all the dust settles.

Reply to  bobclose
May 4, 2024 5:53 am

“So, the once great Germany is being reduced to a pauper state- all due to the climate scam”

That’s right. German politicians are destroying their nation economically while claiming to save it from CO2.

German politicians are delusional.

Quilter52
Reply to  Tom Abbott
May 4, 2024 6:24 am

Unfortunately so are German voters delusional. After all these idiots are still in power.

The last time the German economy headed seriously in this direction, it was that addled vicious idiot Herr Hitler who came to power. Not a good option. Get rid of the people who are leading Germany now!

Reply to  Quilter52
May 4, 2024 3:07 pm

My thought exactly. History repeats its self.

Reply to  Tom Abbott
May 4, 2024 8:57 pm

The German voters put these people in office. The current environment, where the population blindly follows these politicians, reminds us of the 1925-1945. It’s sad when the general population says “we didn’t know…”, after the fact.

Reply to  Bill_H
May 5, 2024 2:02 am

“The German voters put these people in office.”

That’s like saying the American people put Joe Biden in office.

The truth is only a little more than half of the American voters voted for Joe Biden.

I imagine there are a lot of Germans who didn’t vote for the current batch of lunatics in German political offices. Unfortunately, so far, there are not enough of them to change Germany’s course. Maybe that will change when the pain gets high enough.

We in the United States certainly hope the pain inflicted by the Biden administration on this country is enough to change the destructive course we are on now.

If we have to leave things up to Biden and the radical Democrats, then the U.S. will be in the same bad shape as Germany, eventually.

Scarecrow Repair
Reply to  bobclose
May 4, 2024 6:38 am

Eventually socialists run out of other people’s money. When all your local businesses are losing money and not producing taxes, when foreigners see no point in investing in cheap companies at fire sale prices because there is no hope of a return on investment, when your welfare and unemployment costs rise from all the laid-off workers …

… well, something has to give. They will eventually hit the brick wall of reality.

Reply to  bobclose
May 4, 2024 7:37 am

German greens accused of lying over nuclear power safety to force plant shutdownsJunior ministers covered up key technical reports, claims media outlet
Green party ministers in Germany have been accused of lying about safety issues at the country’s nuclear power plants to ensure they were shut down, even as the war in Ukraine threatened European energy supplies.

https://www.telegraph.co.uk/business/2024/04/26/german-greens-lying-nuclear-power-safety-plant-shutdown/

hiskorr
Reply to  bobclose
May 4, 2024 8:32 am

Perhaps the switch in German investment to the US may be due in part to the decrease in dollar-based international trade. The easiest move for dollar-based accounts that have to make room for trade in Rubles and Yuan is to buy assets in the US. Especially so if they anticipate the resulting US inflation.

MarkW
Reply to  bobclose
May 4, 2024 10:49 am

The last time outside powers conspired to impoverish Germany, a world war was the result.

Reply to  MyUsername
May 4, 2024 4:42 am

consumers saving thanks to renewables”

Germany’s electricity prices have nearly quadrupled since 2000.

Someone is conning poor gullible little you… yet again. !

Germany also shuttered they nuclear power stations through blatant political idiocy.

That decision as come back to bite them hard, with their economy now in tatters.

…. just as the far-left planned it.

Dave Andrews
Reply to  bnice2000
May 4, 2024 8:27 am

Yep. User’s favoured IEA recently reported that

“Electricity demand in the EU’s industrial sector fell by an estimated 6% in 2022 and again in 2023”

“Prices of electricity for energy intensive industry in the EU in 2023 were almost DOUBLE those in the US and China and the gap has widened putting EU energy intensive industry competitiveness under pressure”

IEA ‘Electricity 2024 Analysis and forecast to 2026’

High electricity prices in the EU are forcing companies out of business or to transfer their production to cheaper electricity countries.

gezza1298
Reply to  Dave Andrews
May 5, 2024 2:24 pm

Pretty much every week Blackoutnews reports on another company closing down, stopping production, relocating. The construction industry has seen 630 companies hit the wall this year so far.

Reply to  MyUsername
May 4, 2024 5:32 am

My bills increase, what are you talking about ?

Reply to  MyUsername
May 4, 2024 5:46 am

How much money are European consumers saving thanks to renewables?

Not one penny, but it’s the wrong question, how much money I have to pay more “thanks” to renewables ?

Rich Davis
Reply to  Krishna Gans
May 4, 2024 2:21 pm

Silly Krishna, you just don’t grasp socialist math I guess. To a commie like Lusergriff, it’s much cheaper to clear cut the ancient Schwarzwald and construct roads, powerlines and massive bird shredders than to simply continue operating bought-and-paid-for nuclear plants. Isn’t it obvious?

Reply to  MyUsername
May 4, 2024 6:18 am

Griff, you never tire of being wrong, guess you were born that way

strativarius
Reply to  Pat from Kerbob
May 4, 2024 7:19 am

I had it pegged as Son of Griff….

Rich Davis
Reply to  Pat from Kerbob
May 4, 2024 2:14 pm

Lusername sure does seem to be griff after all.

John XB
Reply to  MyUsername
May 4, 2024 6:58 am

Could that be because as businesses move out or shut down, less power is demanded? And… do higher consumer prices reduce demand, I wonder?

hiskorr
Reply to  John XB
May 4, 2024 6:02 pm

You mean the supply/demand curves? That’s Dead-White-Man Economics! Doesn’t apply anymore!

Ed Zuiderwijk
Reply to  MyUsername
May 4, 2024 7:48 am

You can’t fix stupid.

Reply to  MyUsername
May 4, 2024 9:10 am

Can’t tell from the IEA link what methodology they used, and it doesn’t seem to cover specifically the German case.

The best guide to the effects of replacing conventional with wind and solar comes from the UK. Paul Homewood has added up all the subsidies and arrived at a figure of around 450 Sterling per household per year currently.

To give an idea how many and various they are, here is his earlier piece from 2022 totalling up subsidies of all kinds up to 2022:

https://notalotofpeopleknowthat.wordpress.com/2022/04/23/renewable-subsidies-have-cost-78-billion-in-last-10-years/

If the costs are falling, why are all these subsidies necessary?

The issue is not prices paid. Governments can and do manipulate those in all kinds of ways. The issue is the cost of provision. If you add up all the costs, both of commissioning, running, bringing into service and using, wind and solar, I don’t know of any study which includes all the costs of making their products dispatcable which shows that either or both of them is cost competitive with coal and gas generation.

The UK experience with the last tender was a great example. Take the wind operators at their word, have them bid on what they should, if the propaganda is correct, be highly profitable prices. Result: they all no-bid because even with lots of other subsidies they could not make money.

You want to show wind is cheaper than gas? Very simple. Just do the real LCOE costing on a wind farm somewhere in the North Sea. Make sure you include all the costs of delivering a dispatchable supply from it, all the transmission costs to get its power to the UK Midlands or South East, which is where the demand is, all the costs of maintaining the fleet. Lets see it, or lets see a link to one. I keep asking for this, but never get a hint of it. Put up or shut up!

The claim that wind is cost effective is the result of two steps which are no better than accounting fraud. One is to ignore the cost of connection, the transmission costs from the capital costs of commissioning. The other is to ignore the costs of intermittency, that is, making the supply dispatchable and deliverable in sync with demand.

Denis
Reply to  MyUsername
May 4, 2024 9:16 am

I checked your info sources, myusername, and found them lacking. Your money saving source presented a nice chart but no info on how the chart was made. I suspect the writer simply used the generation cost of wind and solar plants but none of the essential backup cost or transmission network increases needed to accomodate wind and solar. That is a very common trick among climate hysterics. The price of electricity in Germany is down over the last few months but still over 60% higher than in 2019, before the Covid problem. It is predicted to go up more during the next 10 years by other sources easy to find on the web.

As to nuclear, the exit of nuclear from Germany’s power supply has caused substantial cost increases in the price of electricity. Burning brown coal, a particularly bad actor environmentally, has expanded as has “biomass”, meaning trees of course, to fill the gaps. In the rest of the world, there are currently 60 nuclear power plants under construction, 90 planned and 300 proposed. This doesn’t seem to indicate to me that nuclear is on its way out.

You are free to be a true believer in climate hysterics if you want, but when commenting for all to see, please try to be factual so more of us can also believe.

Bryan A
Reply to  MyUsername
May 4, 2024 10:45 am

The highest prices paid for electricity are in the Uber Renewables infected, Carbon Vilifying EU
comment image
Per Statista
The lowest electricity prices are in Oman with ZERO Renewables and Tonnes of affordable Gas
Germany’s current price though is .6395€/kWH
In fairness though (not to treat Germany like a nose)
Current UK pricing is .65€/kWH
Current Italian pricing is .80€/kWH
Current France pricing is .83€/kWH

GeorgeInSanDiego
Reply to  Bryan A
May 4, 2024 6:59 pm

California (30¢/kWh) would be between France and Denmark.

Bryan A
Reply to  GeorgeInSanDiego
May 4, 2024 11:21 pm

I’m in California and I’m charged 36¢/kWH off peak and 54¢/kWH on peak so Ca pays much more than 30¢/kWH

MarkW
Reply to  MyUsername
May 4, 2024 10:45 am

Who cares what the data shows, loserName has an ideology to defend.

3x2
Reply to  MyUsername
May 4, 2024 12:25 pm

Renewables have a brought the price down again

So the fact that the highest energy prices to be found anywhere are all countries with the largest investment in renewables is just a coincidence in your view?

(Germany, UK, Denmark, Spain …)

Rich Davis
Reply to  MyUsername
May 4, 2024 1:15 pm

You know, Lusername, not everyone is as retarded as you are. Do you really think anyone is going to believe your agitprop?

How can Germany have electricity prices among the highest in the world, which are still rising, yet you want us to believe that wind and solar have saved them any money?

Bryan A
Reply to  Rich Davis
May 4, 2024 2:09 pm

There might be a possibility of Wind and Solar saving Germans money…
…in a Virtual World
…if they had to get all their gas Rations from (Ras)Putin and XiJinping
…if you purposefully discount reliable generation sources

iflyjetzzz
Reply to  Rich Davis
May 6, 2024 9:30 am

Unfortunately, many people do believe that garbage … that renewables are cheaper.
They also think that renewables are cleaner, and of course ignore all of the fossil fuels that went into the creation of solar panels and windmills. Quite ironic.

Ex-KaliforniaKook
Reply to  MyUsername
May 4, 2024 2:29 pm

Don’t feed the troll. He’s not as stupid as he pretends. He’s just weird.

Reply to  MyUsername
May 4, 2024 3:51 pm

That IEA piece is hopelessly out of date. TTF gas closed on Friday at €30/MWh while EUA prices have also collapsed to €72/tCO2. API2 coal, which was $390/tonne at the peak closed at $107/tonne – making it fully competitive with gas for electricity in the UK, where UKA has been even lower and RATS has been running most of the year so far. Meanwhile, subsidies are back in vogue big time: look how far below CFD strike prices the day ahead market has fallen. Renewables are costing us a fortune, never mind the extra costs through the balancing mechanism and for all the extra grid facilities they require.

Production-weighted-CFD-Strike-Prices-vs-IMRP
Reply to  It doesnot add up
May 5, 2024 5:34 am

Here’s the chart for wind, including those wind farms on ROCs

Production-weighted-wind-princes-inc-floating
Reply to  It doesnot add up
May 6, 2024 4:39 am

Here’s a chart of historical capacity factors for CFD wind farms: there is no sign that newer farms are consistently better.

CFD-Offshore-Cap-Factors
strativarius
May 4, 2024 2:13 am

Germany’s economic weakness is finally taking a toll on the labour market, with the number of unemployed workers expected to rise to the highest level in almost a decade, according to a study by the German Economic Institute (IW).
https://www.reuters.com/markets/europe/german-unemployment-seen-rising-highest-level-almost-decade-2024-04-26/.

No green jobs it seems. Meanwhile an outbreak of sanity?

The North Sea Transition Authority (NSTA), which regulates North Sea oil and gas production, will confirm that it is granting licences to about 30 companies to look for hydrocarbons on sites earmarked for future offshore windfarms.


The move has brought renewed criticism of Rishi Sunak from environmentalists, including from the prime minister’s own former net zero tsar, who worry that any future oil and gas production could hamper clean energy generation.
https://www.theguardian.com/environment/article/2024/may/02/sunak-to-allow-oil-and-gas-exploration-at-sites-intended-for-offshore-wind

Idle Eric
Reply to  strativarius
May 4, 2024 3:11 am

No green jobs it seems.

Nonsense, there are loads of green jobs, the only hitch is they’re all in China and are powered by cheap electricity from coal.

strativarius
Reply to  Idle Eric
May 4, 2024 4:53 am

In the west a green job is actually a redundancy

Reply to  strativarius
May 4, 2024 4:52 am

That term, “clean energy”, is so annoying.

Bryan A
Reply to  Joseph Zorzin
May 4, 2024 11:05 am

The only thing “Clean” about renewables is their low density, UN-dependable, part time fuel source (Solar 4hrs a day and Wind 4.5 months a year). The remainder is far from clean or sustainable and the entire debacle still requires 100% reliable back up supply availability with constant spinning reserve

Reply to  strativarius
May 4, 2024 5:56 am

UK politicians are following close behind German politicians. Both are destroying their economies for no good reason.

strativarius
Reply to  Tom Abbott
May 4, 2024 6:26 am

As I type we await the result of the London Mayoral election…

ABK

Anyone But Khan

Reply to  strativarius
May 4, 2024 7:30 am

It’s looking likely the odious Khan will win a 3rd term.

How on earth can Londoners keep voting for the pickpocket Khan?

Reply to  Redge
May 4, 2024 10:12 am

Communism works for those who don’t pay in… until no one has incentive to give them any more stuff. At which point you shut down debate and keep them too busy waiting in bread lines to cause any serious damage.

Climageddon is an excellent distraction for those who seek power through such a system.

Bryan A
Reply to  Redge
May 4, 2024 11:06 am

Just be prepared…
London Mayoral 3 … The Wrath of Kahn

MarkW
Reply to  Redge
May 4, 2024 12:12 pm

In general communism is supported by two types of people.
The first are those who believe in the tooth fairy (IE, getting free stuff from the government).
The second are those who are stupid enough to believe that they will be the ones who get rich running the asylum.

Unfortunately, those two groups often make up more than 50% of the electorate.
And of course, once the communists control the voting system, they don’t need to worry about getting a majority of votes anymore.

vboring
May 4, 2024 4:17 am

Energy prices are one problem. Demographics are another. Competition from Chinese manufacturers is another.

Attribution is hard. Solving energy prices might not make much difference.

Reply to  vboring
May 4, 2024 4:53 am

Lowering energy prices should make a huge difference.

Reply to  vboring
May 4, 2024 6:23 am

Energy is EVERYTHING.

strativarius
Reply to  Pat from Kerbob
May 4, 2024 7:56 am

Well, it certainly helps….

May 4, 2024 4:33 am

There you have it….proof that Climate Change is making economies shrink.

Reply to  DMacKenzie
May 4, 2024 5:57 am

Climate Change Policy is making economies shrink.

It’s all political.

May 4, 2024 4:54 am

The German multi-$trillion direct investments in the US economy provides Germany with huge benefits, year after year.

Germany has been exploiting the US economy, as if it is their colony
The UK, France, the Netherlands, Korea, Japan, etc., have been doing the same

WE ARE SO SCREWED BY OUR “ALLIES”

However, it gives LEVERAGE to the Defense and State departments, which means the US can blow up gas pipelines that serve Germany, and tell Germany to suck it up, or else

MarkW
Reply to  wilpost
May 4, 2024 12:15 pm

There is as much evidence that the Russians blew up the pipeline than there is the US did.
First, it wasn’t in use.
Second, it can be repaired quickly and cheaply.
Third, the Russians have gained billions in propaganda as the useful idiots automatically blame the US for doing it.

Editor
May 4, 2024 5:53 am

Not sure about the rest of the USA, but in the last 10 years German companies reported 154 investment projects in Texas, investing $US10 billion and created 12,600 new Texas jobs.

On the other side, Texas invested $US2 billion in Germany and added 5,000 German jobs. This is not going well for Germany, but a big boon for Texas.
Texas-Germany-Profile-2022.pdf (businessintexas.com)

Reply to  Andy May
May 4, 2024 7:10 am

For example, Germany imports into the US many parts (high-pay/high-skill jobs in Germany) for Mercedes cars for assembly in the US (low-pay/low-skill jobs in the US).
These parts are priced high so maximal profits are reported in Germany and minimal profits are reported in the US.

Other countries do the same.

Korea imports parts into Mexico, for assembly of Korean cars in Mexico, that are imported into the US duty-free.

Mexico always had large trade deficits with the US, but after NAFTA, those deficits became surpluses of more than $100 billion, a major boost for Mexico’s small economy.

Reply to  wilpost
May 4, 2024 1:33 pm

The US has a one-plus $trillion annual trade deficit, plus another one $trillion annual balance of payments deficit

Both deficits are mostly with our major trading “partners/fleecers”; high-pay/skill jobs in their countries, low-pay/skill jobs in the US.

Reply to  wilpost
May 5, 2024 5:07 am

Almost all food supermarkets on the US East Coast, such as Stop&Shop, Hanneford, etc., are owned by Dutch/Belgium/UK/ French companies

They provide plenty of shelf space for EU products, cheeses, wines, polish hams, UK jams, etc., which helps EU farmers, not US farmers

This is part of “offsets”

They buy US weapons, including F-35s, Patriots, Tanks, etc., but we have to buy products from them as “offsets”.

Do a little googling and all will become clear.

This all started with the give-away-the-store “Kennedy Round” in the early 1960s.
Europe loved Kennedy very much

May 4, 2024 6:02 am

How much can an economy bleed before it dies?

The German current account is still near record high on the positive side.

German net international investment position is plus USD2.8tr.

USA has 35,000 active armed forces personnel in Germany and about 10,000 German civilians are paid by the US military. The Germans provide some accomodation but the USA provides all the funding. It is freebee for Germany courtesy of the USA.

I expect Germany will go on for a few more decades before it bleeds to death. The highest risk is handing over intellectual property to China. China is clever in the deals it does to allow German companies to profit from the low production costs in Germany. The time will come when China just eases the Germans out of the picture.

US financials are much worse than Germany but it will not matter until China becomes the global banker. Biden is accelerating that process.

May 4, 2024 6:21 am

The German government and griff pretend this particular piece of news is because turbochargers won’t be needed.
But Siemens is planning to close the entire motor manufacturing complex in Berlin, over 100 years in operation and move it all out of germany.

last I checked, electric motors are critical for “electrification”, need more and more, but off goes that industry too.

John XB
May 4, 2024 6:56 am

So, war it is. That’s the usual next step to disguise the ruin that the clowns in charge have caused, and to unite the Volk. The ground work has already been done.

Get your battle-bowler ready, Mr Putin.

Kevin R.
May 4, 2024 7:14 am

There are no climate change refugees but there definitely are climate change POLICY refugees.

May 4, 2024 7:33 am

Reducing CO2 is Suicide

We have been living with a CO2 DROUGHT, for millions of years, which causes desertification, as flora and fauna becomes extinct

The oil, gas and coal companies are providing very valuable CO2 to re-green the earth. to promote flora and fauna, to reduce deserts areas, and to increase crop yields per acre.

Plants grow best with 1000 to 1200 ppm CO2, as proven in green houses

El Niños, Hunga Tonga Volcanic Eruption, and the Tropics
https://www.windtaskforce.org/profiles/blogs/hunga-tonga-volcanic-eruption
https://www.windtaskforce.org/profiles/blogs/natural-forces-cause-periodic-global-warming

Retained Energy (Enthalpy) in Atmosphere
The RE in atmosphere is ONE net effect of the interplay of the sun, atmosphere, earth surface (land and water), and what grows on the surface and in water. 
.
Dry Air and Water Vapor
ha = Cpa x T = 1006 kJ/kg.C x T, where Cpa is specific heat of dry air
hg = (2501 kJ/kg, specific enthalpy of WV at 0 C) + (Cpwv x T = 1.84 kJ/kg x T), where Cpwv is specific heat of WV at constant pressure
.
1) Worldwide, enthalpy of moist air, at T = 16 C and H = 0.0025 kg WV/kg dry air (4028 ppm)
h = ha + H.hg = 1.006T + H(2501 + 1.84T) = 1.006 (16) + 0.0025 {2501 + 1.84 (16)} = 22.4 kJ/kg dry air
RE of dry air is 16.1 kJ/kg; RE of WV is 6.3 kJ/kg 
2) Tropics, enthalpy of moist air, at T = 27 C and H = 0.017 kg WV/kg dry air (27389 ppm)
h = 1.006 (27) + 0.017 {2501 + 1.84 (16)} = 70.5 kJ/kg dry air 
RE of dry air is 27.2 kJ/kg; RE of WV is 43.3 kJ/kg
https://www.wikihow.com/Calculate-the-Enthalpy-of-Moist-Air#:~:text=The%20equation%20for%20enthalpy%20is,specific%20enthalpy%20of%20water%20vapor.
.
CO2
h CO2 = Cp CO2 x K = 0.834 x (16 + 273) = 241 kJ/kg CO2, where Cp CO2 is specific heat 
Worldwide, enthalpy of CO2 = {(423 x 44)/(1000000 x 29) = 0.000642 kg CO2/kg dry air} x 241 kJ/kg CO2 @ 289 K = 0.155 kJ/kg dry air.
.
RE In 2023; 16 C
World: (16.1 + 6.3 + 0.155) kJ/kg dry air x 1000 J/kJ x 5.148 x 10^18 kg x 10^-18 = 1.161 x 10^5 EJ
Dry air, WV and CO2 played 71.4%, 27.9% and 0.69% RE roles. WV RE/CO2 RE = 40.6
Tropics: (27.2 + 43.3 + 0.155) kJ/kg dry air x 1000 J/kJ x 2.049 x 10^18 kg x 10^-18 = 1,448 x 10^5 EJ. 
Dry air, WV and CO2 played 38.5%, 61.2% and 0.22% RE roles. WV RE/CO2 RE = 279.4 
The Tropics is a major RE area, almost all of it by WV. At least 35% of the RE is transferred, 24/7/365, to areas north and south of the 37 parallels with energy deficits

RE in 1900; 14.8 C
World: (14.8 + 5.8 + 0.106) kJ/kg dry air x 1000 J/kJ x 5.148 x 10^18 kg x 10^-18 = 1.066 x 10^5 EJ
Dry air, WV and CO2 played 71.5%, 28% and 0.51% RE roles. WV RE/CO2 RE = 54.7
The 2023/1900 RE ratio was 1.089
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NOTE: My calculations are based on three well-known items. I assumed 16 C in 2023 and 14.8 C in 1900, as the temp of the entire atmosphere, which is overstated, but helps simplicity. The RE ratio would not be much different, if complex analyses were used, such as how the three items vary with altitude and temp. The complex stuff would subtract from both REs, leaving the ratio in tact. 
The above method is suitable to objectively approximate the RE role of CO2. How CO2 performs that role, the A-to-Z process, will keep many academia folks busy for many years.
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NOTE: This short video shows, CO2 plays no RE role in the world’s driest places, with 423 ppm CO2 and minimal WV ppm, i.e., blaming CO2 for global warming is an unscientific hoax. 
https://youtu.be/QCO7x6W61wc

Rud Istvan
May 4, 2024 11:29 am

Who knew that the Energiewende could produce so much Schadenfreude.

Rick K
Reply to  Rud Istvan
May 4, 2024 12:13 pm

Masterfully stated, Rud!

Reply to  Rud Istvan
May 4, 2024 1:16 pm

I predicted it in 2000, the year the ENERGIEWENDE started, and wrote many articles about it during the past 20 years.

It turned out my capital cost estimates and operating cost estimates were much too low; the German government kept hiding/obfuscating the numbers.

Merkel ruined the German economy. The economic collapse was delayed by low-cost gas from Russia, about 55 bcm/y, through 2 pipelines, directly from Russia to Germany

Three pipelines were blown up by Norway and US navy personnel; two were in operation providing 55 bcm/y.
A third new pipe, 27.5 bcm, was filled with pressurized gas

A fourth new pipe, 27.5 bcm, also filled with pressurized gas, did not blow up, because the detonators had been degraded by salt water.

Russia removed the Siemans compressors; now makes its own compressors for its own sizable market and for export.

In Russia and China, about 25% of college graduates have STEM degrees

May 4, 2024 3:15 pm

The entire G7 has promised to phase out coal plants no later than 2035, with most by 2030.

Japan is the only G7 country without a coal phase-out date. Britain, France, Italy and Canada are committed to phasing out coal no later than 2030, while the United States and Germany “are taking major steps toward this date’’.

Reply to  It doesnot add up
May 5, 2024 2:18 am

A bunch of damn fools.

Mason
May 4, 2024 4:35 pm

story tip – I saw a Sky News headline last night that the high court of UK had declared the green policies unlawful. No details.

ResourceGuy
May 4, 2024 5:25 pm

It’s a race to permanently high electricity prices with Germany in the early lead and Biden coming up on the outside. Remember not to look ahead at the combination of bad public policy, crypto, AI, and more data centers–they want to surprise you and come to the rescue with bailouts for half the households in the country, student loan forgiveness style.

D Sandberg
May 5, 2024 4:34 pm

The “red-green” (Social Democrat – Green Party) coalition successfully destroyed Germany’s economy “in 23 short years” using RE (Ruinous Energy). The US has a larger economy, so it’s taken longer to destroy the economy using the same anti-energy policy. President Carter (D) initiated the program in 1978, despite his appropriate favoring of coal by initiating the destruction of nuclear power generation.

The liberal/progressive membership have totally dominated the Democrat Party since 2012 so we were “catching up” to Germany “real quick” and finally arrived at parity with the 2023 Inflation Inflaming Act. Now we are as screwed as Germany. It takes a lot longer to build something than it does to tear it down, neither Germany nor the US will recover from their debacles “in 23 short years”.  

Just as The Donald is our only option for recovery the German Alternative for Deutschland Party (AfD) is Germany’s only alternative.

Other Sources

ARS Technica

 Germany’s Green Party—today the world’s most influential—which emerged in 1980 and first entered national government from 1998 to 2005 as junior partner to the Social Democrats. This “red-green” coalition banned new reactors, announced a shutdown of existing ones by 2022, and passed a raft of legislation supporting renewable energy.
That, in turn, turbocharged the national deployment of renewables, which ballooned from 6.3 percent of gross domestic electricity consumption in 2000 to 51.8 percent in 2023.

NYT’s

The AfD, which is against weapons deliveries to Ukraine and calls for an end to sanctions on Russia, is not only vying to become the second-strongest German party in European parliamentary elections. It is poised to become the leading force in three eastern state elections in Germany this autumn. That gives the AfD the possibility, albeit still unlikely, that it could take control of a state government.
Politico
For weeks, politicians have weighed in on the possibility of an outright prohibition of the party. Tuesday’s court decision is now sparking discussion on the possibility of revoking the party’s state funding.

The Guardian

The leader of Germany’s far-right Alternative für Deutschland has said her party will campaign for a Brexit-style vote on EU membership if it comes to power, calling the UK’s departure from the bloc a model for its largest member.

Alice Weidel told the Financial Times in an exclusive interview that the UK decision would be “dead right” for Germany, and that a “Dexit” would boost the country’s self-determination.
“It’s a model for Germany, that one can make a sovereign decision like that,” she said.

The AfD is currently enjoying its highest standing in the polls since its formation in 2013. It is between 20% and 23% on a federal level, ahead of all three of the parties which make up the chancellor, Olaf Scholz’s beleaguered coalition.

A. O. Gilmore
Reply to  D Sandberg
May 6, 2024 11:24 am

The AfD, which is against weapons deliveries to Ukraine and calls for an end to sanctions on Russia,”… those far right lunatics!!

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