Tag: Germany

Russia’s surprise return to a G20 finance meeting in Asheville, North Carolina, this week laid bare a widening rift.

Clark Savage59

European attendees openly scorned the presence of Russian Finance Minister Anton Siluanov, who attended at the invitation of the Trump administration—the first in-person Russian participation since the 2022 invasion of Ukraine. German Vice Chancellor and Finance Minister Lars Klingbeil called the signal “quite troubling” and insisted “you cannot simply return to normality.” European officials refused […]

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Electricity policy is economic policy: The race for reliable power

Clark Savage63

ENB Pub Note: This article is from America Outloud and Ronald Stein, Olivia Vaughan, and Steve Curtis. We highly recommend following them! Electricity policy, at its core, is economic policy. Nations that can produce abundant, reliable, and affordable electricity create the conditions for industrial growth, technological leadership, higher wages, and rising living standards. Those that […]

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Green hydrogen project at German refinery cancelled for the second time

Clark Savage135

The elusive hydrogen economy continues to face setbacks as another high-profile green hydrogen initiative collapses under the weight of economic and regulatory uncertainties. The HyScale 100 project at Raffinerie Heide in Schleswig-Holstein, northern Germany, has been canceled for the second time, highlighting the persistent difficulties in scaling clean hydrogen production and the broader challenges of […]

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German Energy Policy Meets the Real World: Evonik CEO Christian Kullmann Says the Energy Transition Has No Value Whatsoever

Clark Savage80

Evonik CEO Christian Kullmann has delivered a blunt verdict on Germany’s Energiewende. In July 2026 interviews with the Rheinische Post and others, the head of one of Germany’s largest specialty chemicals companies stated that the energy transition has cost around €1,000 billion—and delivered “nothing.” “Wir haben nicht genug Gaskraftwerke. Wir haben eine Netzinfrastruktur wie in […]

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German Industry Warns Energy-Price Shock is Crippling Investment and Growth

Clark Savage122

German companies are delaying investments and increasingly eyeing production moves abroad as stubbornly high energy costs erode competitiveness, according to the latest survey from the German Chambers of Industry and Commerce (DIHK). The findings, highlighted in a July 27, 2026 Bloomberg report drawing on the DIHK’s Energiewende Barometer 2026, underscore deepening structural pressures from Germany’s […]

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Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

Clark Savage143

Europe’s once-mighty industrial engine is sputtering, and Germany—the continent’s manufacturing powerhouse—is at the epicenter of a deepening crisis. High energy costs driven by aggressive Net Zero policies, renewable intermittency, heavy regulations, and carbon pricing are accelerating deindustrialization. Major firms are slashing jobs, closing plants, and relocating production to the United States and Asia, where energy […]

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