no surprise given the high taxes, extreme energy prices, massive bureaucracy, ridiculous regulations, work-hating employees and extremely business-hostile culture
A lot of people seem to be pushing some weird "anti-environmental" when the simple reality is that all energy costs
I cannot understate the impact of Russian Energy being cut off. Right now we're paying roughly twice as much than we used to for compressed natural gas brought via tanker ships from the us. I genuinely believe that the war in Ukraine is mostly about energy dependence on Russia and Ukraine losing its transfer fees through their old pipelines
It's just one piece of the puzzle. The cost for Co2 certificates is a more major reason. Starting 2027, hedge funds can buy these certificates which will be the nail in the coffin. It's basically Bitcoin on steroids with the difference that people buy Bitcoin out of free will, while the industry is forced to buy these certificates which get more scarce over time.
It's the loss of Germany's last nuclear plants in 2023[1]. For a country supposedly aiming for net zero the shutdown of their nuclear infrastructure was a huge "own goal". Really sad to see.
cdmckay|3 months ago
mx7zysuj4xew|3 months ago
A lot of people seem to be pushing some weird "anti-environmental" when the simple reality is that all energy costs
I cannot understate the impact of Russian Energy being cut off. Right now we're paying roughly twice as much than we used to for compressed natural gas brought via tanker ships from the us. I genuinely believe that the war in Ukraine is mostly about energy dependence on Russia and Ukraine losing its transfer fees through their old pipelines
Phil_Latio|3 months ago
AlexandrB|3 months ago
[1] https://www.cnn.com/2023/04/15/europe/germany-nuclear-phase-...