Record Power Prices & Blackouts Hit Germany
And we are just at the beginning of the real pain. Because sure enough green fanatics will object to burning all that coal that keeps Germany just barely afloat. It’s likely that after next Weekends’s election a red-green coalition dominates Berlin. Expect way more stringent limitations on what the energy industry can do in the future. But that’s a good thing in the end as Germany will turn its a monstrously failed example of how those policies can go wrong. Expect the new government to quickly be as popular as Bide is in the US now. pain is a good teacher.