Rhein on Energy and Climate

Germany’s perception as a champion of fighting climate change is better than reality. It continues to be the sixth biggest CO2 emitter after big China, USA, Russia, India and Japan; and its per capita emissions are higher than of any other EU country.
This is essentially a consequence of its precipitated 2011 decision to end nuclear power generation by 2022. Its ineffective but costly solar PV- electricity programme was not able to offer a viable alternative; and its cost-efficient wind-power encounters popular resistance, especially because of the long-distance grids.
Germany thus lacks a climate friendly alternative: lignite continues to supply some 40 per cent of its power generation, despite impressive progress of on-shore and offshore wind electricity.
Late June, the federal government had to resign to stubborn resistance from trade unions, coal and lignite power companies and its regions to impose a levy on lignite and coal in order to progressively close 24 small and inefficient power plants. Instead, it had to agree to a compromise, putting 2.7 GW of lignite power plants into a paid capacity reserve for periods without wind or solar power, financing energy efficiency improvements in heating installations, buildings, municipalities, industry, railways and completing the north-south wind-power grids by maximising the use of very expensive underground cables.
For Germany this compromise is no catastrophe though tax payers and power consumer will have to foot the bill that had been meant for fossil power companies.
The controversy will have helped Germany to obtain a better understanding of the socio-economic obstacles that have to be overcome in Paris in December when 200 countries will aim at concluding a global deal to reduce their CO2 emissions.
But the German incident might also help the parties in Paris to explore in more detail three paths to address climate measures:
phasing out all direct and indirect subsidies on the use of fossil fuels: This would put a brake on the consumption of fossil fuels and procure governments with revenues for investing in renewable energies and energy efficiency. From a global climate perspective consumer subsidies are irresponsible, when fossil fuel prices have fallen to very low levels.
Imposing or raising taxes on the use of coal, heating fuel and gasoline and provide precious public revenue which should be affected to research and development of new energy technologies.
Launching big investment programmes for massively insulating buildings: Humanity needs to be weaned off fossil fuels by minimising the need for it.
Brussels 03.07. 2015 Eberhard Rhein

Author :
Print

Comments

  1. U.S. Fed and Deutsche Bank against
    “Putinomika”

    Expert assessment of Academy of Geopolitics.

    “Putinomika” – definition of economic
    policy of the Russian Federation at the time of board of the president Putin –
    Arayik Sargsyan.

    Nearly a year ago our experts
    from Academy of Geopolitics gave an assessment to geopolitical game of the
    German chancellor Angela Merkel in the Ukrainian crisis:” that will be
    with EU countries if this winter Russia in response to sanctions of the EU
    stops selling the gas to Europeans?Deutsche Bank —
    the checked “soldier of the empire” (“the empire of
    dollar”) and typical “a dog of war” (financial war) so his
    initial national identity thus has no value. Money not only “doesn’t
    smell”, they also have no homeland. Not to consider as the homeland
    “country of origin”. For dollars the homeland is a press of FRS, and
    at all not the United States of America where they only work with “a legal
    instrument of payment”. Including — pay work of state machinery of the USA
    which part is also DFS stated above.

    Financial police of the USA began war against those Russian clients who as
    a result financial operations, “doubtful” for this
    “empire”, took out abroad $6 billion. You know, who these clients?It isn’t excluded that on Deutsche Bank guys from DFS in parallel will
    write out any impressive penalty as they already repeatedly did it with other
    European clients of FRS — for example, with the French Paribas or with the
    British Barclay’s. But it is more as blind and legalizations of payments for
    the “air” credits.

    Some experts call Deutsche Bank’e “candidate number one” for
    repetition of destiny of Lehman Brothers, the American financial institution,
    whose bankruptcy in September, 2008 became the starting mechanism of “the
    first wave” of global system crisis long ago: on balance of Deutsche Bank
    there are securities for the total amount of $75 trillion that approximately in
    20 times more GDP of Germany and almost by 8 times — is more than GDP of the
    European Union. For comparison: at the second in the world on this indicator of
    bank holding JP Morgan — only $5 trillion.

    By comparison of
    these figures the impression is necessarily made that in Deutsche Bank the
    largest transnational financiers specially pumped all “garbage” that
    to merge it at the right time. And it can mean not only full-scale financial
    war of the West against Russia, but also the beginning of “the second
    wave” of global crisis.

    In general the situation with Deutsche Bank means neither more nor
    less — the announcement of full-scale financial and economic war of the West
    against Russia. Arayik Sargsyan, the academician, the Honourable Consul of Macedonia in Armenia, the president of Academy of Geopolitics. http://rusdozor.ru/2015/07/27/frs-ssha-i-deutsche-bank-protiv-putinomiki/

  2. Hello
    We admire you for taking the first step in putting up your own business. We want to assist you in bringing your dream into fruition by providing you the low-interest business loan and other credit facilities that you need to expand or pay for the start-up expenses.

    Though there are many financing companies out there that refuse to provide start-up loans and other credit facilities with the belief that they are too risky. Our company is not one of them. We understand the importance of getting a business jumpstarted and are not afraid to be of assistance.

    We offer business loans, housing loans, bank guarantee, standby Letter of Credit; Letter of credits, Medium term notes, and so many others from AAA rated banks between US$100,000 – US$1 Billion at 3% minimal interest and leasing rates. We cover all your credit facilities needs and offer low interest rates and effortless payment plans.
    Other packages include long term project partnership funding, joint ventures partnership, investment funding, invention partnership funding, contract funding and other partnership funding for those that have good business plans and ongoing projects without enough money to finance or complete it.

    Our goal is to be able to help everyone as much as possible, regardless of what your credit report has to say. We didn’t establish our company to discriminate. Email us today and discuss with us to see the great deals we have to offer. We want your business to succeed just as much as you do. Let us assist you
    During our 12 years operation in financing we didn’t receive any negative feedback from our clients.

    If you’re looking for a loan that will fund the establishment or expansion of your own business, we are here to give it to you.
    Email: creditfacilitiesconsultant@gmail.com us today regarding questions you may have and discuss with us to see the great deals we have to offer. We want your business to succeed just as much as you do. Let us assist you. We look forward to serving you.

    I am waiting for your response.

    Best regards
    Michael
    Credit Facilities Consultant

Leave a Reply