By P Gosselin
Germany’s Blackout News here reports on how Germany’s move into renewable energies has gone from “a boom to crisis”.
The policies of (worst ever) Economics Minister Robert Habeck (Green Party) are leading the German economy to disaster. Photo: public domain.
It wasn’t long ago, when interest rates and inflation were low, and the economy and the business of renewable energies in Germany were booming.
But now, Blackout News reports how “the outlook for the renewable energy sector has deteriorated drastically” and affordable raw materials have become hard to get. Manufacturers are now reeling. “The renewable energy sector is facing the abyss” and is “on the brink.”
“The S&P Global Clean Energy Index, which monitors the performance of the sector, has fallen by 32% in the last 12 months, while the global stock markets have risen by 11%,” writes Blackout News. “These losses on the stock market not only affect the companies themselves, but also the investors and shareholders who have invested in renewable energies.”
Entire article (German) here.
Reduced work hours, job cuts
Blackout News also reports how the German economy in general, the biggest in Europe, is crumbling at its foundation. For example, construction equipment manufacturer Liebherr “is putting 1000 employees on short-time working for 9 months.”
Also Stiehl, Gardena and Hansgrohe, are “opting for short-time working and job cuts.”
Other famous German companies planning cuts include textile group Groz-Beckert in Albstadt-Ebingen, and chainsaw manufacturer Stihl,
“Rising inflation and the construction crisis are two of the main reasons for the current economic uncertainty. Rising inflation is putting a strain on households,” reports Blackout News.
The major driver of inflation and all the German economic misery? The rising cost of energy caused by the government’s incompetent energy policies.
For renewable energy to remain affordable the generation tools MUST be built by affordable FF energy. You simply can’t build affordable renewable energy generation (wind turbines and solar panels) using renewables. They simply impart too much cost for generators to remain affordable.
“Renewable” energy isn’t renewable.
“Renewable” energy isn’t affordable.
“Renewable” energy isn’t reliable.
For “renewable” energy to remain affordable, it must be torn down and replaced by something reliable.
I can’t think what that form of energy could be.
On second thoughts, don’t tear down wind and solar installations, let them rot so future generations can see for themselves the madness that we are living through.
At least, first apply Rule 303 to the wind turbines.
Great movie, “Breaker Morant.”
Leave a few as monuments sure- maybe even have them power up some twinkly lights or something non-critical. Maybe a water fountain in parks.
But tear down the giant pylons destroying landscape and communities
Condor cuisinarts
In most cases “renewable” energy isn’t renewable either…
Since energy cannot be created or destroyed it certainly cannot be renewed.
And ‘sustainable’ wind/solar cannot sustain an electricity output.
Nor is it “sustainable” to build something using fossil fuel energy for all its production inputs, which works only sometimes and must be backed up by more fossil fuel energy, and which doesn’t last very long and therefore requires frequent replacements. “Renewables” (i.e., wind and solar) are a worse-than-useless waste of actually useful energy, not an energy “source.”
And STILL not a moment’s thought has been given to potential effects on weather patterns and climate of extracting energy from the wind and sunshine. All the sturm and drang about meaningless “greenhouse gases,” which HAVE NEVER BEEN EMPIRICALLY SHOWN to be the “driver” of the Earth’s temperature, but not the slightest effort to imagine what potential harm might be caused by reducing “downstream” winds and reducing the amount of sunlight warming the surface.
NOT “green” either!
“For renewable energy to remain affordable…”
Remain? It never has been affordable except in the way a Rolls Royce is affordable if you have plenty of cash., it was, is, and ever will be extortionate.
If it were affordable, everybody would be buying it voluntarily with no need for the billions doled out by Govts to the Green Grifters’ Club out of taxes and consumers’ pockets.
Extortionate … I like that word!
Now that right there, ladies and gentlemen, is the very definition of an oxymoron.
Very sad for the workers that will bear the brunt of this.
The “top” guys, the charlatans and scam-artists, will walk away with their pockets well lined !!
As always. The smart money sold up years ago, leaving RE for the rubes.
Man tells the doctor, “It hurts when I do this.”
Doctor says, “Don’t do that.”
Henny Youngman
I went to the Blackout News article and used Google Translate to render an English version from the German. The right hand side bar populated itself with a series of ads for back up power supplies including gasoline, diesel and natural gas/propane fired generators. These ranged from a few hundred watts to whole house generators. Does the advertising algorithm know something that the political classes and practitioners of Climate Science™ don’t?
Robert Habeck was even praised as the “coming German Chancellor” by the German media, which is almost entirely leftist-green and massively pushing for this Green Transformation. Now, in charge of the Ministry of Economics everybody can see, that Habeck is lacking everything. He has no viable education and besides being Politician he was co-Author of the disturbing-apocalyptic kids books of his wife (the last one issued in December with the title “the best ends of the world” – full of paintings how mankind will be extinct, if not following the Green Transformation).
Habeck showed his understanding of Economics in 2022 TV-show “Maischberger”. When he was confronted with reality, that lots of German industry will go bankrupt due to high energy prices, he replied: “No, they are not bankrupt – they are just stopping production.”
Intentionally.
Hermann Goring was similarly praised in the 1930s for being Germany’s principal economic minister in the public eye. That didn’t prevent him or the NSDAP: from demolishing Germany’s economy in less than five years before WW2. So Habeck is not ‘worst’. He comes second to Goring.
His photo at the articles beginning seems to show pure schadenfreude.
His “knowledge” about becoming insolvent I prefer not to say a word because that would be censored even here 😀
Habeck and Baerbock (she of the 360 degrees turn around) will be well enough rewarded by their masters for the ruination of the German economy. Scholz is a sidelined patsy; meanwhile they all vie for their next (unelected) panjandrum lifelong post in the EU or NATO. The same is happening in the UK and the rest of Europe. There are plenty of dots, wake up, people, and start connecting them.
I hope this is given wide publicity here in New Zealand, but I fear my hopes may be in vain as our Main Stream Media have become solidly Leftie after receiving Millions of dollars in bribes from our recently-ousted Left-wing Labour government. If the effect on Germany is sufficiently disastrous, maybe our new government will realise the folly of pursuing the craze for windmills, solar, and EVs – but they are so technically incompetent that even disaster in Germany is unlikely to deter them from their idiotic attempted elimination of wonderful Carbon Dioxide.
Propane is a three-carbon alkane with the molecular formula C₃H₈…..
“””A major change has been the rise of new refrigerants, including R290, or propane. This is the fluid that circulates inside a heat pump. “””
https://www.bbc.co.uk/news/business-67511954
How many Carbon atoms qualify as low?
So we are to replace efficient boilers with heat pumps that are highly flammable? Climate enthusiasts appear fixated on providing solutions to non-existent problems that stand a good chance of killing the people that use them and their neighbours. Malthusian depopulation by stealth?
It ain’t normal, Richard. I thought choosing propane would be the last thing they’d go for – given the carbon…. (as they lazily say)….
The Grenfell tower fire started with faulty wiring in a fridge freezer, presumably with a more modern, flammable, refrigerant than the pre-2015 non-flammable types.
That was a CCC disaster – thanks to their lunatic ideas and beliefs.
“Professor Julia King, a member of the CCC, said in May of 2012 that ‘local authorities have the potential to impact significantly on the UK’s scale and speed of emissions reduction’. At the top of King’s list for action were ‘energy-efficiency measures for existing buildings’ – insulation, such as cladding, and new boilers. While local authorities struggled to get funding for other things, austerity did not apply to the CO2-reduction scheme.”
https://www.spiked-online.com/2017/06/26/grenfell-clad-in-climate-change-politics/
And they got clean away with it.
Not to mention it is made from oil.
🙄
Bring back Freon. Cheap, effective, and the supposed ozone layer “issue” was more junk science basedies anyway.
Refrigeration has a sad history. First, for millenia, ice, primitive, effective, sometimes hard to get and store, a labor hassle and good for 32F or a little lower with salt. Next, in domestic service; sulfur dioxide piped through the building, easy leak detection, noxious, then ammonia, the best refrigerant economically and effectively. No big profit in it. After that flourocarbons, terrific but their effect on the ozone layer was to blind sheep and kids walking to school in Patagonia. Other less effective chemical refrigerants come along, expensive, high pressure, no one knows for sure if they won’t exterminate bees or some other varmints and propane, a little dangerous and much too cheap in a value-added economy. No doubt Allied Signal or Dupont is working on a more effective and expensive replacement even now.
Banning chlorinated flourocarbons with the Montreal Protocol and the Kyoto Agreement to save the ozone layer, a move that ASHRAE was wildly in favor of, couldn’t have possibly saved that magical ozone layer because all the R-12, R-22 and R-502, the designated culprits, eventually ended up in the atmosphere and are still there. They can be reclaimed and stored but can’t be changed to another substance. Closing the ozone hole has nothing to do with banning refrigerants that did more to raise human standards of living than all but a few other chemicals, gasoline and diesel fuel for instance.
Use a Ranque-Hilsch vortex tube.
I fail to see why you’d use such a highly flammable chemical in a heat pump. Are they trying to kill people?
On second thoughts, don’t say it. I already know the answer.
If it doesn’t threaten the user with fire and death it isn’t truly green.
This is entirely the wrong time for greenies to try to prove just how macho they are!
So heat pumps, and batteries. All that is green, is a fire risk.
Yeah they just want to watch the world burn.
Well, humanity defeated the natzi once, now they are defeating themselves. Natzis just ain’t very smart, hopefully head natzis Klaus Shwab and George Soros will be dragged into the streets of a German city and hanged.
I think you should reconsider the last 20 words of that comment.
Natzis is natzis and there is only one way to deal with them.
If you want to avoid Charles’ laser like moderation why not use the real name?
German Workers Party
Deutsche Arbeiterpartei
Or… NSDAP
Not about avoiding anything. From The Blues Brothers, and I quote, “I hate Illinois Natzis!”, Jake Blues.
Please don’t omit the most relevant part…
National SOCIALIST
Oh, and HAMAS are exactly the same as natzis and there is only one way to deal with them. Same way. Hezbollah? Yep. PLO? Yep. The entire leadership of Iran? Yep. Andd these non-human scumbags are in bed with George Soros and Klaus Schwab, fellow travelers who are all enemies of the Human Race. So, please keep defending them, shows us exactly where you are.
Funny that you use nazi rhetoric.
Although, no, it’s not funny.
When you look up the definition of Nazi you will also find out that they are written without a “t”. And so much more.
The only difference between fascism and communism is ownership of the means of production.
They are both lefty totalitarian ideologies.
https://www.merriam-webster.com/dictionary/fascism
Yep, the deep state and Brandon’s administration defined by Merriam Webster.
All leftists have the same goal. CONTROL.
Dude? Go up three lines and read. You can read, right? You do seem to be quite dense, perhaps mommy can explain “gallows humor” to you, I am not pissing away my time on idiots like you.
Or maybe the last 35?
As a patriotic Brit it’s hard not to get an element of satisfaction from seeing both Germany and the USA enthusiastically follow the UK’s descent into self inflicted poverty.
No. I would much rather watch it happen from the (rather more) comfortable position of NOT being the first to jump over the cliff edge, thank you very much.
Rising inflation?
“The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +3.2% in November 2023. In October 2023, the inflation rate was +3.8%. The last time inflation was lower than in November 2023 was in June 2021, when it stood at +2.4%. “The rate of inflation has slowed for the fifth consecutive month”, says Ruth Brand, President of the Federal Statistical Office. She adds: “In October and November 2023, many energy products, in particular, cost less than they did a year earlier. The price situation here has clearly eased. The year-on-year rate of increase in food prices has also continued to slow, but is still markedly higher than overall inflation.” The Federal Statistical Office (Destatis) also reports that consumer prices in November 2023 decreased by 0.4% on October 2023.”
(Statisches Bundesamt: https://www.destatis.de/EN/Themes/Economy/Prices/Consumer-Price-Index/_node.html)
Is the decrease due to people getting laid off and can’t afford to but as much?
Of course you are correct.
How can there be much demand in the supply and demand curve when poor to moderate income people are continuously paying more for “energy” and paying subsidies through all types of taxes and “value shifting” to their crony betters?
Inflation is being held in check by reduced “spare” money in peoples pockets.
The decreasing rate of inflation doesn’t make up for the increased prices of recent massive inflation, you’re now seeing a smaller percentage increase multiplied by a higher current price.
Prices still climbing from prices that were already needlessly inflated by governments throwing borrowed taxpayer money at worse-than-useless crap like wind, solar and EVs.
And Ukraine.
Since I was 12, I was suspicious of the “inflation rate” as reported in the papers (now known as Lame Stream Media). Why 12? That was when I found out the government, the very a**holes responsible (for the most part) for killing the economy and destroying our currency, are the very people that get to “calculate” and publish the “inflation rate”.
“The major driver of inflation and all the German economic misery? The rising cost of energy caused by the government’s incompetent energy policies.”
Reliance on gas instead of renewables. Destruction of their PV-Industry over a decade ago…
Even the article states that supporting renewables is important.
But beside that another germany is doomed article on the pile of failed predictions.
30 years ago Germany opened it’s very first food bank in Berlin – it never needed them before that; today over 2 million Germans are reliant on food banks to survive. Just before they had to open the food banks, Germany had increased it’s push for renewables – there is a very strong correlation between large amounts of renewables, high electricity prices and food bank uses. Aren’t you proud to be promoting such a wonderful method of driving people into poverty?
30 years ago Germany opened its borders to migrants with no education or skills!
Correlation or causation?
Life expectancy in the US is declining. The average height of an US PERSON is declining.
Now the “people” used for these “statistics” are all people living in the US.
What % are of foreign birth or born to recent immigrants?
What % of immigrants are undereducated even to todays terrible US government school/teachers union created lack of standards?
As of 2022, 55.5 MILLION of the under 339 million us occupants are foreign born, about 1/2 naturalized, and 1/2 not, and this is before the close to 3 million who entered the US, mostly illegally, then either caught and released or never even caught, in 2023.
Clear causation? Just (if in the US) go to your local temporary worker site, you know, in the Home Depot parking lot, and LOOK at the men there looking for work. Almost 100% ILLEGAL US residents and on average MUCH shorter than US born citizens.
At our local HD, there is a wide street behind it with lots of space. The curbs there are now set up with numerous car washing entrepreneurs. All appear to be from Mexico or Central America. Men and women, all shorter than what would be expected of US born citizens of US citizen parents.
Years ago I was watching a PBS political show, trying to know my enemy. A leftist was talking about how much better the UK health system was since in the UK people were getting taller, while in the US that was not the case, so it MUST be due to UK healthcare being better than US healthcare. This false narrative ignored the massive immigration into the us of the poorest from Mexico and Central America where, at the time, the UK was still controlling their borders and limiting immigration. The interviewer, of course, didn’t ask any probing questions, it was PBS and they were all in for a US national healthcare system. That was the LAST show I have ever watched on PBS.
I’m sure your comments on the US are apt but you are wrong about Germany – they opened their borders to immigrants starting in 1955-58 and have being doing it ever since; this has no correlation with food banks or high energy prices.
“the poorest from Mexico and Central America”
I didn’t notice many(any) in tattered clothes, not carrying stylish backpacks, and cellphones…
You have no idea about the composition of Germans energy costs/prices, if you had, your comment would be obsolete.
The “boom” was/is a chimera, based on government subsidies, mandates, non-science, and lefty euphoria – none of which can stop fundamental uneconomics of renewables and net-zero.
And I bet Habeck is not a genuine Green, he but saw an opportunity to ride the green train to personal wealth.
Some good news to start the year.
Centuries from now, once the 21st century global collapse has abated, and farmers return to feeding growing populations, they will wonder at the expansive fields of colossal 600-1000-ton concrete blocks buried the ground that have vestiges of rusting steel protruding.
As a scifi fan, it reminds me of the Stargate episode ‘2001’ where a farmer has ‘ironroot’ in one of his fields – the decaying remains of a radio mast.
The National Socialists caused economic chaos in Germany starting about 90 years ago. Why should the current version be any different?
Germany’s Energiewende is teaching that you can ignore reality, but not the consequences of ignoring reality.
There was never a “renewable energy boom,” just “renewable energy trough feeding.”
As soon as low interest rates to finance the taxpayer robbery disappeared, the illusion of “profitable” trough feeding disappears.
Hoist by their own petard!
Let’s see if the exercise some intelligence or continue to perform e onomic hara kiri.
Das ist schade. Der ideologische Wille der Irrlichter war noch nie gut für Deutschland.
(That is too bad. Ideological will-of-the wisps have never been good for Germany).
Renewable is not a thing. It’s a buzzword, not a concept.
Today’s materialistic world cannot survive without crude oil. Conversations are needed to discuss the difference between just ELECTRICITY” from renewables, and the “PRODUCTS” that are the basis of society’s materialistic world. Wind turbines and solar panels are themselves MADE from oil derivatives, and only generate occasional electricity but manufacture NOTHING for society.
https://www.americaoutloud.news/todays-materialistic-world-cannot-survive-without-crude-oil/
There is an easy fix for this mess. Fire up all fossil fuel and nuclear generators. Build new fossil fuel and nuclear generators. Remove all wind and solar from the grid. Do these three things, Germany will be better off, the EU will be better off and earth will be better off. We will be healthy happy and prosperous.
“ (worst ever) Economics Minister Robert Habeck (Green Party) “
Isn’t that a plot taken from a comedic operetta by Gooder and Harder? “Here’s a first-rate opportunity To get [failure] with impunity”