Germans are in the midst of a power pricing and supply disaster thanks to the world’s most idiotic energy policy, centred on an unhinged obsession with chaotically intermittent wind and solar.
Already suffering Europe’s highest power prices, consumers are bracing for even worse to come.
Vladimir Putin’s Ukrainian adventure has merely brought things to a head; heavily reliant upon Russian gas – used to shore up its grid in response to total collapses in wind and solar output (think calm weather and sunset) – now that Vlad’s gas is in short supply, Germany has slammed into reality with a vengeance.
Francis Menton takes a ‘don’t say we didn’t warn you’ delight in detailing the root cause of a perfectly predictable and perfectly avoidable calamity.
And The Winner Is, Germany!
Manhattan Contrarian
Francis Menton
29 June 2022
Just over six months ago, in December 2021, I asked the question that was…
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