Posted on 08/27/2022 7:02:37 AM PDT by rktman
The economic powerhouses of the European Union, France and Germany, both set records on Friday for electricity prices, as the West’s sanctions war with Russia continues to bite.
This time last year the cost of electricity per megawatt-hour (MWh) in both France and Germany sat at around 85 euros. On Friday, both countries set record highs, with the cost climbing by at least 1,000 per cent from last year to €850 in Germany and over €1,000 in France, Le Monde reports.
While the price of energy has been rising since the end of the lockdown measures across the world last summer, Europe, and Germany in particular, have been subject to soaring prices as a result of slowing flows of gas from Russia following the sanctions clash following the February invasion of Ukraine, with many thermal power plants using natural gas to generate electricity.
Despite longstanding warnings from figures such as former President Donald Trump, Germany has remained heavily reliant on Russia for gas while it has pursued so-called green energy sources and shut down nuclear power stations.
Though Russia has claimed that the current shortfalls in gas shipments have come as a result of technical issues with the Nord Stream 1 pipeline, others have suggested that it is a retaliatory strike in response to sanctions levied against Moscow.
(Excerpt) Read more at breitbart.com ...
*Yoops=euroPEONS.
I’m all broke up.
Gonna be a cold dark winter of death and misery over in Europia. lol
So this is what “winning” is under the new leftist definition.
The Eurotrash are getting what they asked for and they they freeze to death they will still stink on ice.
“EU: Controlled Demolition”
https://www.theburningplatform.com/2022/08/25/eu-controlled-demolition/
“UK facing ‘national disaster’ – London mayor”
https://www.rt.com/news/561600-uk-ofgen-energy-bill-cap/
Much more important than “green energy solutions” is energy independence. And where that is not feasible, diversifying your energy sources such that the loss of one or another doesn’t leave you with blackouts.
Germany replaced coal and nuclear with Russian gas despite Trump’s warnings, despite all logic. I suspect if you dig you’ll find not just environmental pandering but actual corruption.
Me too, I’m heartbroken.
“So this is what “winning” is under the new leftist definition”.
Correct. The Elites never suffer the hardships/consequences of their policies, so the sheep are the “winners”.
Let the b*****ds freeze and starve in the dark. Brutal, I know, but the “new Europeans” must have it demonstrated that the “promised land” of Europe may be even less hospitable than the stinking hellholes from which they fled. At least it was mostly warmer there.
Simple, all they have to do is build more windmills.
When will they Mandate EVs ? LOL
I might not be so smug. This is on it’s way here very soon.
They have coal, trees, shovels, axes.,,just roll back the clock a couple centuries.
The EU’s government was set up to be this stupid and can never change only get worst
I laugh and rejoice in their anguish!😀
An das Deutsche Volk! Verstehen sie schadenfreude?
“They have coal, trees, shovels, axes.,,just roll back the clock a couple centuries.”
France is 74% nuclear ...
California is pioneering the way.
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