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Congratulations To Germany On Achieving More Than 50% Of Its Electricity Production From “Renewables”!

By Francis Menton | Manhattan Contrarian | August 29, 2023

On the march to Net Zero carbon emissions from usage of energy, the key first step is to eliminate fossil fuels from the generation of electricity, replacing them with the magical “renewables.” Or so we are told. Once electricity generation is fossil fuel-free, then all energy use can be switched to electricity, without any of the evil emissions. Voilà — Net Zero!

But somehow, in the places that have tried to go this route with wind turbines and solar panels, the push to get more electricity generation from “renewables” has seemed to stall out at around 40 – 45%. (Some small countries with lots of hydropower get higher percentages by counting the hydropower as “renewable.”). Countries may build more and more solar panels and wind turbines, but somewhere in the 40s the percentage that those things contribute to electricity generation just doesn’t seem to budge very much any more.

And that’s why it’s so exciting that in the first half of 2023 Germany finally crashed through the 50% barrier, becoming the first significant country with little hydropower to achieve more than half of its electricity generation from “renewables.” With a simple internet search, you can find large numbers of news sources relaying the great news. For a few examples, here are Reuters, June 27 (“Renewable share of German power use climbs to 52.3% in first half”); Fraunhofer, July 3 (“German Net Power Generation in First Half of 2023: Record Renewable Energy Share of 57.7 Percent”); Clean Energy Wire, June 27 (“Renewables covered more than half of German electricity consumption in first half of 2023”); and Solar Quarter, July 5 (“Germany Achieves Record 57.7% Renewable Energy Share in Net Power Generation for First Half of 2023”). Why the exact percentages vary a little from article to article, I cannot explain; but they are all at least a little in excess of the key 50% figure.

So this is surely Germany continuing to lead the way to the green energy transition. Certainly, Germany has only accelerated its pursuit of the idea that the route to Net Zero is the building of more and yet more solar panels and wind turbines. A site called Renewable-Energy-Industry.com compiles data on additions to Germany’s wind and solar generation capacity just in the first half of 2023: “Record Additions in Germany: 8,000 MW of New Wind And Solar Capacity in The First Half of 2023.”:

[S]olar energy in particular is booming in Germany. From January to June 2023 alone, around 465,000 new solar plants with 6,500 MW capacity . . . went into operation and produce electricity, more than ever before in a six-month period. . . . In the first six months of 2023, just under 350 new wind turbines with a capacity of around 1,750 MW went into operation. . . .

The addition of 8000 MW of generation capacity in just six months is a huge increment in a country where peak electricity usage is less than 85,000 MW (or 85 GW).

So are these large additions to capacity what has succeeded in pushing Germany over the 50% threshold? Unfortunately, if you read deep into the Reuters piece linked above, you will start to get a very different understanding. It turns out that Germany’s percentage of electricity from renewables increased not because the production of electricity from renewables increased, but rather because Germany’s economy is shrinking. After decades of effort and hundreds of billions of dollars of subsidies and greatly increased consumer electricity prices, the contribution of wind and solar energy in Germany’s economy remains almost insignificant.

Despite all its new solar and wind facilities, Germany’s production of electricity from those sources has lately been going down rather than up. Here is the story for the first half of 2023) (from the Reuters piece linked above:

Renewables, at 137.5 TWh, represented 51.7% of total output, up from 46.4% in first half 2022, even as green power production volumes decreased by 0.6%.

The 137.5 TWh of electricity that Germany’s “renewable” facilities produced in the first half of 2023 is a pitiful percentage of their supposed theoretical capacity. A chart at Clean Energy Wire gives Germany’s generation capacity of solar, plus onshore and offshore wind as 130.8 GW as of 2022. (In a country with only about 85 GW of peak usage!). Add the new 8 GW of capacity added in the first half of 2023, and you would have 138.8 GW of wind and solar capacity, or 602.9 TWh hours of capacity (138.8 x 24 x 181) for the 181 days in January to June 2023. That would mean that the wind and solar facilities combined produced at a rate of only 22.8% of capacity over that period.

So if production of electricity from “renewables” actually decreased, how could the percentage of electricity production from the “renewables” have increased from 46.4% to 51.7% of the total? Easy — the production from all other sources (fossil fuels and nuclear) went down dramatically:

Conventional energy sources – nuclear, coal, natural gas and oil – provided 128.4 TWh of output, down from 160.0 TWh a year earlier.

They ran the conventional generators less because the demand for electricity was not there:

The fall in conventional production reflected the phase-out of nuclear energy by mid-April and operators cutting output to match weak demand.

The change from 160.0 TWh to 128.4 TWh from conventional sources would be a 19.75% decline. That’s rather enormous in one year. Now, how could it be that Germany is experiencing that kind of a huge decline in the demand for electricity? You might check out the big front page article from today’s Wall Street Journal, “Germany’s Shrinking Economy Sparks a Struggle for Solutions.” (different headline online). The world leader in the supposed “green energy transition” turns out also to be in the unique position of having an economy that is shrinking, and not by a little:

Germany will be the world’s only major economy to contract in 2023, with even sanctioned Russia experiencing growth, according to the International Monetary Fund.

The WSJ piece goes into a variety of factors that may be contributing to the shrinking economy. But self-inflicted high energy prices turn up again and again:

Energy costs are posing an existential challenge to sectors such as chemicals. . . . Energy prices in Europe have declined from last year’s peak as EU countries scrambled to replace Russian gas, but German industry still faces higher costs than competitors in the U.S. and Asia.

And meanwhile, with Germany’s massive investments in wind and solar electricity generation, are those sources actually making any major inroads in the overall market for primary energy in the country? Here is an extremely revealing chart, again from Clean Energy Wire, with data from 2022:

In the “renewables” category for all primary energy (not just electricity), we learn that they include “biomass” as a “renewable.” Probably, that’s mostly wood, used for heating homes, and hardly a zero carbon source. The amount of energy produced from the “biomass,” at 1,040 PJ and 8.8% of primary energy, far exceeds the combined total from wind and solar (713 PJ and 6.0% of primary energy).

The whole “more than 50% from renewables” mantra turns out only to apply to electricity (far less than half of primary energy usage). And rather than representing the advance of the mythical wind and solar, the whole thing is just an artifact of a shrinking economy, largely itself caused by the destructive build-out of the wind and solar facilities. They are destroying their economy, and have almost nothing to show for two decades and hundreds of billions of dollars invested in the useless wind and solar farms.

September 6, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | | Leave a comment

Iran reports major surge in exports of semi-finished steel

Press TV – September 6, 2023

Iran has seen a major surge in its exports of semi-finished steel this year amid a ramp-up in domestic manufacturing activity.

The Iranian Steel Producers Association (ISPA) said on Tuesday that exports of semi-finished steel from the country had increased by 24.8% year on year in the five months to August 22 to reach a total of 3.093 million metric tons (mt).

Semi-finished steel products are ingots known as billet, blooms and slab which are used in steel mills to manufacture finished steel products.

ISPA figures showed that total domestic production of semi-finished steel in Iran had reached over 13 million mt over the five months to late August.

The ISPA said Iran’s exports of steel sheets and long steel products had also increased by 15% over March-August without mentioning the exact volume of the shipments.

Exports of sponge iron, or what is known technically as direct reduced iron (DRI), reached 0.708 million mt in the five months to late August, up by more than 232% compared to the same period last year, showed the figures.

The major surge in Iranian steel exports come as steel mills in the country have ramped up their output to respond to a growing demand for the metal in the domestic manufacturing sector.

The increased output has also enabled Iran to respond to the rise in regional and global demand for steel amid a war in Ukraine that has affected supply chains.

That comes as Iranian steel producers were facing restrictions in their access to electricity this summer.

Figures by the World Steel Association released this week showed that Iran had produced 18.1 million mt of steel in the seven months to July, up 4.1% compared to the same period in 2022.

September 6, 2023 Posted by | Economics | | Leave a comment

Iran to help Burkina Faso build new oil refinery: Minister

Press TV – September 5, 2023

Iran will contribute to building an oil refinery in Burkina Faso and will supply the West African country with oil products it needs, according to a statement from Iranian Oil Minister Javad Owji.

Owji said on Tuesday after a meeting with Burkinabe Foreign Minister Olivia Rouamba in Tehran that petroleum sector cooperation between Iran and Burkina Faso will expand in the future as part of agreements reached between the two countries in recent months.

“It was agreed in the meeting with foreign minister of Burkina Faso that a refinery will be constructed through cooperation between engineers and experts of the two countries based on agreement signed earlier,” the minister told reporters after the meeting.

Owji said that he and Rouamba had also agreed on the launch of oil products exports from Iran to Burkina Faso.

He did not elaborate on financial details of petroleum contracts signed between Iran and Burkina Faso but said that the African country has some good mines that can service the needs of Iran’s metals sector.

Rouamba, who has been in Iran for an official visit since early on Monday, said after the meeting with Owji that Burkina Faso seeks to import oil products from Iran to respond to rising domestic demand for fuels in her country.

She said her talks with Owji had centered on the results of previous discussions between Burkinabe trade officials and the Iranian authorities.

The minister said there are bright prospects for cooperation between engineering companies of the two countries for construction of a new refinery in Burkina Faso.

September 6, 2023 Posted by | Economics | , | Leave a comment

Who’s Afraid of an Alternative for Germany?

By Conor Gallagher – naked capitalism – September 4, 2023

The media describes them as far-right, anti-European Union, anti-immigrant, fascist, etc. But what exactly are the positions of the Alternative for Germany (AfD) party? Why is it steadily gaining in public opinion polls, and why is the German establishment so afraid of them?

Various AfD party members have made comments in recent years that, depending on your point of view, are offensive or were blown out of proportion by the media. I’m not going to review all those here but instead wanted to look at what policies are contained in the AfD platform. The party’s “Manifesto for Germany” is a 93-page document that covers just about everything, but I want to focus here on areas that the media most frequently focus on  – immigration, the EU, and nationalism, as well as the set of positions that I would argue is the real reason for hyperventilating over AfD’s rise: foreign policy.

On the EU:

We oppose the idea to transform the European Union into a centralised federal state. We are in favour of returning the European Union to an economic union based on shared interests, and consisting of sovereign, but loosely connected nation states.…

We believe in a sovereign Germany, which guarantees the freedom and security of its citizens, promotes economic welfare, and contributes to a peaceful and prosperous Europe.

Should we not succeed with our ideas of a fundamental reform within the present framework of the European Union, we shall seek Germany‘s exit, or a democratic disso- lution of the EU, followed by the founding of a new Euro- pean economic union.…

European politics are characterised by a creeping loss of democracy. The EU has become an undemocratic entity, whose policies are determined by bureaucrats who have no democratic accountability.

On the Euro currency:

We call for an end to the Euro experiment and its orderly dissolution. Should the German Federal Parliament not agree to this demand, Germany’s continued membership of the single currency area should be put to a popular vote. …

The Euro actually jeopardises the peaceful co-existence of those European nations who are forced into sharing a common destiny by the Eurocracy. The introduction of this currency has led to resentment and confrontation amongst countries in Europe. Countries incurring economic difficulties within the single currency area are forced to restore their competitiveness by such measures as internal devaluation and associated budgetary constraints (austerity policies), rather than exploiting the tool of currency adjustments. Tensions amongst European nation states can inherently be ascribed to the Euro.

AfD doesn’t just oppose the Euro for altruistic reasons. The party also objects to any form of financial equalization between the richer and poorer euro countries and claims Germany shoulders an unfair burden in propping up the weaker members of the eurozone.

The political programme provides very little on labor policy, but AfD does want to provide financial incentives for Germans to reproduce. Here is the party on low birth rates and immigration:

In order to fight the effects of this negative demographic development, political parties currently in government support mass immigration, mainly from Islamic states, without due consideration of the needs and qualifications of the German labour market. During the past few years it has become evident that Muslim immigrants to Germany,in particular, only attain below-average levels of education, training and employment. As the birth rate is more than 1.8 children amongst immigrants, which is much higher than that of Germans, it will hasten the ethnic-cultural changes in society.

The attempt to counteract these developments by increasing the rate of immigration will inevitably lead to the estab lishment of more parallel communities, particularly inlarge cities, where integration with the native population is already a problem. The spread of conflict-laden and multiple minority communities erodes social solidarity, mutual trust, and public safety, which all are elements of a stable commu- nity. The average level of education will continue to drop.

Greater political support for parental work, as well as education and family policies which are focused on the needs of families and young couples wanting to start a family, will once again lead to birth rates at a self-sustaining rate in the medium to long-term. We regard the closing of the gap between the actual number of children being born, and the desire of 90% of young Germans to have children, as a central element of our political platform.

The document goes on for many pages about protecting the nation’s culture and how Islam is not a good fit for Germany. What exactly  is that culture?

The AfD is committed to German as the predominant culture. This culture is derived from three sources: firstly, the religious traditions of Christianity; secondly, the scientific and humanistic heritage, whose ancient roots were renewed during the period of Renaissance and the Age of Enlightenment; and thirdly, Roman law, upon which our constitutional state is founded.

Islam does not belong to Germany. Its expansion and the ever-increasing number of Muslims in the country are viewed by the AfD as a danger to our state, our society, and our values. An Islam which neither respects nor refrains from being in conflict with our legal system, or that even lays claim to power as the only true religion, is incompatible with our legal system and our culture. Many Muslims live as law-abiding and well-integrated citizens amongst us, and are accepted and valued members of our society. However, the AfD demands that an end is put to the formation and increased segregation by parallel Islamic societies relying on courts with shari’a laws.

Here is the AfD immigration policy in a nutshell:

Current German and European asylum and refugee policies cannot be continued as in the past. The ill-fitting term “refugee” used for all the people who enter Germany irregularly with the aim to stay here forever, is characteristic of this misguided policy. It is necessary to make a distinction between political refugees and people fleeing from war on the one hand, and irregular migrants on the other. It is the AfD’s view that true refugees should be granted shelter as long as there is war in the countries of origin. Irregular migrants, who are not persecuted, have no right to claim protection, contrary to refugees. Once the reasons for fleeing, such as an end to wars, or political and religious persecution, no longer applies, shall residence permits of refugees be terminated. These refugees need to leave Germany. Germany and its EU partner countries should provide incentives for those who have to leave. It is in the interest of domestic and foreign peace if refugees return to their home countries and contribute to the political, economic and social reconstruction of these countries.

We advocate moderate legal immigration based on qualitative criteria where there is irrefutable demand, which can neither be satisfied from domestic resources, nor by EU immigration. The interests of Germany as a social, economic and cultural nation are paramount.

On militarization,  foreign policy and the US:

Currently, the operational readiness of the German Armed Forces is severely compromised. Due to poor political decisions and mismanagement, our armed forces have been severely neglected for over three decades. The operational readiness has to be fully restored so that the armed forces will be able to perform all their responsibilities. This is an essential prerequisite for the acceptance of Germany as an equal partner by NATO, the EU and the international community.

Membership of NATO corresponds to Germany‘s interests with regard to foreign and security policy, as long as NATO’s role remains that of a defensive alliance. The AfD believes that predictability in meeting commitments towards NATO allies is an important goal of German foreign and security policy, so that Germany can develop more political weight to shape policies, and gain influence. We advocate that any engagement of NATO must be aligned to German interests, and has to correspond to a clearly defined strategy.

Wherever German Armed Forces, as part of NATO operations, are involved beyond the borders of its Alliance partners’ territory, shall, in principle, only be carried out under a UN mandate, and only if German security interests are taken into account.

On Germany’s occupation by allied troops (i.e., the US):

… 70 years after the end of World War II, and 25 years after the end of a divided Europe, the renegotiation of the status of Allied troops in Germany should be put up for discussion. The status of Allied troops needs to be adapted to Germany’s regained sovereignty. The AfD is committed to the withdrawal of all Allied troops stationed on German soil, and in particular of their nuclear weapons.

And on Russia:

The relationship with Russia is of prime importance, because European security cannot be attained without Russia’s involvement. Therefore, we strive for a peaceful solution of conflicts in Europe, whilst respecting the interests of all parties.

Why Is AfD Surging in Popularity?

AfD is a relatively new party – it was founded in 2013. It first began to gain a foothold among disenchanted voters in East Germany during the refugee crisis in 2017, but with the onset of the war in Ukraine and the energy crisis in Germany, their support has been growing and spreading. What originally made AfD so attractive in East Germany?

According to Manès Weisskircher who researches social movements, political parties, democracy, and the far right at the Institute of Political Science, TU Dresden, AfD’s support in the East can be primarily traced to three factors:

  1. The neoliberal ‘great transformation,’ which has massively changed the eastern German economy and continues to lead to emigration and anxiety over personal economic prospects.
  2. An ongoing sense of marginalization among East Germans who feel they have never been fully integrated since reunification and resent liberal immigration policies in this context.
  3. Deep dissatisfaction with the functioning of the political system and doubt in political participation.

Recent polling contains interesting findings with regards to the AfD. It shows that 44 percent of Germans supporting the party do not have far-right views, but they are more concerned with inflation (90 percent) and immigration (87 percent) than the general public (78 and 56 percent, respectively). A whopping 78 percent of those who said they would vote for AfD said they would do so to show they were unhappy with current policies.

The rise of the AfD is rooted in the crisis of German neoliberalism, and the current war in Ukraine that accompanies it. The idea that the West would cause Russia to collapse, divide it into pieces and plunder its natural resources has spectacularly backfired.

The German economy is instead the one in a freefall. In response, Berlin continues to liberalize immigration laws to attract more foreigners with the hope it will help the economy – this despite the fact that half of German citizens would like the country to take in fewer refugees than it currently does.

A record high of 71 percent of the German public are not satisfied with the work of the federal government, according to a recent Deutschlandtrend survey. The current government is unresponsive to the concerns of working class voters. Foreign minister Annalena Baerbock famously summed up that reality last year:

The AfD is the only party in Germany making the connection between Berlin’s bellicose policy towards Moscow (and increasingly Beijing as well) and the worsening economic conditions for Germans.

The Greens, rather than examine their own failings, are blaming voters for not fully understanding their policies. They’ve launched a “charm” offensive to better explain their wisdom while simultaneously escalating their charges against the AfD. Tobias Riegel writes at NachDenkSeiten [machine translation]:

The [Green] chairman of the Europe Committee in the Bundestag, [Anton] Hofreiter, is currently warning against the AfD and has accused it of treason. He also did not rule out a ban on the party, as reported by the media . Two sentences by Hofreiter are particularly striking. On the one hand:

“You have to be aware of the incredible danger that the AfD poses to democracy and the rule of law, as well as to the prosperity of many people; that has not yet arrived in all parts of society.”

And on the other hand:

“There is also insufficient awareness of the danger that the AfD poses to our country’s external security in this difficult situation with increasingly aggressive dictatorships such as Russia and China. The AfD is predominantly a group of traitors who act not in the interests of our country but in the interests of opposing powers.”

If you swap “AfD” for “Greens” and if you swap “Russia” for “USA”, you could almost think Hofreiter is talking about himself and his leading party friends in these quotes.

Meanwhile, the country’s Left Party, which is considered a direct descendant of the Socialist Unity Party that ruled East Germany until reunification, has completely collapsed after abandoning nearly all of its platform in an attempt to appear “ready to govern.” Much like the bourgeoisie Greens, the Left increasingly stands for neoliberal, pro-war and anti-Russia policies. Former Left voters have increasingly switched to the AfD in response.

As long as the AfD is the only party in Germany willing to connect the dots between US control over German foreign policy and the increasing toll that is taking on the citizens’ standard of living, it will likely continue to attract voters.

Why Is There Such an Outcry Over AfD?

For years now, the German establishment has been throwing the kitchen sink at the AfD. There are of course allegations of Russia connections. They hate the disabled. They are extremist and must be monitored.  A former AfD representative was also  allegedly part of a coup plan involving 25 geriatrics that were inspired by QAnon and were somehow going to take over the government. Stories on the coup plot almost always focus on the AfD link and warnings that they are getting “more extreme.”

Most of these scare stories about the AfD originate from Germany’s domestic intelligence agency, the Federal Office for the Protection of the Constitution (BfV), which last year won the right to surveil AfD members after judges allowed the party to be branded a “suspicious entity.”

German authorities are now able to monitor and intercept mail correspondence, phone calls and online conversations. It can also limit members’ ability to get employment in the public sector and make it more difficult to obtain licenses for weapons.

(In the past, the BfV investigated members of the Left Party suspecting them of intending to replace the existing economic, political and social order with a socialist or communist system.)

Much of this seems ripped straight out of the US playbook for dealing with Trump and unruly voters in general: ignore the voters, blame the voters, and then release spooks.

The media hysteria over the AfD is reminiscent over the constant ringing of alarm bells over the election of the Italian Prime Minister and her Brothers of Italy party last year. Fascism was on the march, they declared. Well, Meloni has turned out to be a pretty run-of-the-mill corporate stooge who toes the line on the EU and NATO. Even her anti-immigrant rhetoric gave way to ensuring the arrival of a certain number in order to maintain the supply of cheap labor for Italian businesses. And the freak out over Meloni died down as soon as she proved her devotion to the EU and NATO.

Let’s not pretend that any of the concern over the AfD is due to its proposed policies regarding German culture and immigrants. It is because the party is advocating for positions that are a direct threat to Brussels and Washington. If it went forward with efforts to get Germany off the euro or boot US troops out of the country, it would collapse the whole EU-NATO system.

Despite the media and intelligence agency pressure, the AfD only seems emboldened. Beyond the party platform, AfD members have since gone further in their criticisms of the US.

Here’s Member of the European Parliament Maximilian Krah:

“It is certain that the German government was informed of the sabotage beforehand by the Americans. This is the only explanation for Scholz’s awkward silence. With the addition of a woke and irresponsible warmonger like [Foreign Minister Annalena] Baerbock, who declares that Germany is at war with Russia, nothing surprises me.

The problem is that this is tearing the German economy to pieces and significantly impoverishes Germany. Moreover, the billions spent by Germany on this gas project, which ensured us cheap energy, are lost, but the coalition which governs Germany does not care. Officially, Scholz knows nothing. Apparently, we live in a democracy.”

The AfD is also increasingly critical of Berlin’s stance towards China, which it believes is being driven by US interests and Germany’s detriment. From  Deutsche Welle :

The AfD has positioned itself in opposition to the German government’s critical policy toward China. Berlin’s China Strategy, published in mid-July, for example, was denounced by Bystron, the AfD’s foreign policy spokesperson, as the “attempt to implement green-woke ideology and US geopolitical interests under the guise of a strategy for German foreign policy.”

The description of China in the strategy as a rival — as well as a partner and competitor — was for Bystron “the consequence of the US’ confrontational course toward China. This confrontation and division are not in the interests of Germany as an export nation,” he said.

For political scientist Wolfgang Schroeder from the University of Kassel, the AfD’s foreign policy positions demonstrate an attempt to set itself apart from the other German political parties. Geopolitically, said Schroeder, the AfD sees the traditional Western ties with the United States, which it regards as hegemonic, as having past their use-by date.

“The AfD considers Washington to be more part of the problem than part of the solution to the challenges facing Germany,” he told DW. “That’s because the AfD considers the US an imperial actor whose vested interests cannot be reconciled with those of Germany.”

The AfD is essentially calling for a return to the Angela Merkel foreign policy based on Wandel durch Handel (“transformation through trade”). It relied on cheap Russian gas imports and exports to its largest trading partner, China.

There is now a central disconnect to Germany’s foreign policy and domestic policy. As Berlin follows the wishes of the US, lives for the citizens of Germany will  continue to worsen. How can Germany reconcile this?

German Chacellor Olaf Scholz’s Zeitenwende was essentially a promise to the US that Germany will from now on take up its sword in defense of US hegemony and morally superior purposes (such as Baerbock’s feminist foreign policy that aligns neatly with Washington’s enemy list) against Russia, China, Iran, and whoever else threatens the “rules-based order.”

The AfD, whether you agree or disagree with its other positions, is for now the sole German party standing against such an arrangement.

The German state’s harassment of the Left Party appears to have worked in getting it to abandon its previously “radical” goals of empowering workers, dissolving NATO and getting US troops out of Germany. We’ll have to wait and see what path the AfD takes.

September 5, 2023 Posted by | Economics, Illegal Occupation, Militarism | , , , | Leave a comment

Russian Fuel, Energy Industry Working Very Well Despite All Sanctions – Putin

Sputnik – 04.09.2023

MOSCOW – The Russian fuel and energy industry is working very well, is protected from external shocks and retains key positions in this sphere despite all sanctions, Russian President Vladimir Putin said on Monday.

“In general, in the current difficult conditions, Russia not only confirms its energy self-sufficiency, independence, and protection from external shocks, but also occupies key positions in the global energy sector. Without any exaggeration, we work confidently and self-sufficiently,” the president stated at a meeting on the implementation of the Murmansk liquefied natural gas (LNG) project.

Russia’s fuel and energy sector should contribute to protecting the interests of the country’s economy, the needs of all consumers and tackling the issues of accessibility and prevention of serious price hikes which should be constantly monitored, Putin added.

Moreover, Russia is considering the possibility of accelerating the construction of the Far Eastern route, as well as the main Power of Siberia 2 gas pipeline, the president stated.

“Given the good prospects for expanding cooperation with friendly countries, we are considering the possibility of accelerating the construction of the Far Eastern route, as well as the Power of Siberia 2 gas pipeline,” Putin stressed.

The Power of Siberia is a gas pipeline operated by Russian state-owned company Gazprom that is a part of the eastern gas route from Siberia to China.

The Power of Siberia 2 is a planned gas pipeline that is to contribute to Russian gas exports to China through Mongolia. The construction is expected to start in 2024, according to a statement by Mongolian Prime Minister Oyun-Erdene Luvsannamsrai on July 18, 2022.

September 4, 2023 Posted by | Economics | , | Leave a comment

WHO IS THE REAL ELON MUSK?

The Highwire with Del Bigtree | August 31, 2023

September 4, 2023 Posted by | Deception, Economics, Full Spectrum Dominance, Timeless or most popular, Video | , | Leave a comment

Sanctions against Russia turning Germany into ‘kamikaze’ – MP

RT | September 2, 2023

Western sanctions have failed to destabilize Russia and are now backfiring on the countries that imposed them, including Germany, Sevim Dagdelen, a German MP from the Left Party (Die Linke) wrote in an op-ed for the Berliner Zeitung published on Friday.

According to the lawmaker, Russia’s economy has successfully weathered the restrictions and is steadily adjusting to the new economic realities.

“In order to ruin Russia, it was hoped that the punitive measures that violate international law will have a long-lasting effect. But the reality is different. Even the Russian auto industry is recovering. Chinese companies are stepping in for the German manufacturers who leave Russia,” Dagdelen wrote.

“Contrary to what was hoped, Russia has not been ruined. The consequences of the sanctions are evident, but on our side. While Germany’s economy collapsed by 0.3% in the last quarter and stagnation is also threatening the Eurozone, Russia is now forecast to grow by 2.5% this year. As is often the case, a merciless idealism characteristic of the German ruling party obscures the view of reality.”

According to the lawmaker, the sanctions are strengthening Russia while the German government “is ruining domestic economy with open eyes.”

“The federal government acts here like a kamikaze pilot, replacing politics with dubious morality and is happy about a friendly nod from Washington,” she stated, noting that double-digit inflation in Germany is the product of sanctions, as well as the “ever increasing military support for Ukraine.” Dagdelen also noted that the sanctions war has prompted the largest redistribution of capital in the country, with large corporations boosting profits while ordinary German consumers suffer from a drop in real wages and a cost-of-living crisis.

The lawmaker criticized the government that “wants nothing to do with diplomacy” and urged Berlin to distance itself from Washington and NATO. She suggested closer ties with BRICS, a G7 rival economic bloc of countries that includes Russia and that will represent nearly 40% of global GDP after it officially admits new members at the beginning of next year. According to Dagdelen, Germany should “react accordingly to the new multipolarity.”

“Germany and Europe need a sovereign foreign policy that is no longer subordinate to the US and NATO. Supporting the BRICS peace initiative would be a first step towards freeing ourselves from the socially and politically fatal paternalism of the US. It would represent a step towards democratic sovereignty. No war is our war, not even this one.”

September 2, 2023 Posted by | Economics, Russophobia | , , | Leave a comment

The Government’s Plan to Install Heat Pumps in Homes They Won’t Work In is Branded “Desperate” and “Unethical”

BY WILL JONES | THE DAILY SCEPTIC | AUGUST 31, 2023

A Government plan to relax rules to allow heat pumps to be installed in uninsulated homes they will fail to heat properly has been branded “desperate” and “unethical”.

Faced with a widespread boycott of the pricey technology, ministers are hoping that they can kickstart uptake by removing the requirement that properties be adequately insulated before gas boilers are removed.

Campaign group Net Zero Watch criticised the decision. Director Andrew Montford said:

The insulation requirement was put in place to ensure heat pumps were only installed where they were likely to work. Removing a key consumer protection is hardly going to help the Government’s cause.

Mr. Montford points to a recent study of heat pump economics, which shows that, even in a well-insulated property, most heat pump installations do not give lower bills, let alone justifying the substantial capital costs. This is because electricity is four times the price of gas.

Mr. Montford said:

The contradictions in Government policy are becoming clear. Renewables are incompatible with heat pumps because they make electricity so much more expensive than gas. In their desperation to persuade consumers to switch anyway, ministers are proposing steps that would be foolish, are arguably unethical, and would certainly be counterproductive. This is a brand of fanaticism as dangerous as Mr. Khan’s Ulez obsession.

Yet another green technology being rejected by consumers because it is overpriced and doesn’t do the job.

September 1, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | | Leave a comment

Vivek Ramaswamy’s Plan For Ending The NATO-Russian Proxy War In Ukraine Is Pragmatic

BY ANDREW KORYBKO | AUGUST 31, 2023

The NATO-Russian proxy war in Ukraine has been trending towards a stalemate since the beginning of the year after Moscow’s growing edge in the “race of logistics”/“war of attrition” ensured that it won’t be defeated. NATO is unlikely to be defeated either, however, since it’ll probably intervene directly – whether as a whole or via a Polish–led mission that draws in the bloc via Article 5 – to freeze the Line of Contact in the event that Russia achieves a breakthrough and threatens to sweep through Ukraine.

The counteroffensive’s spectacular failure and the subsequently vicious blame game between the US and Ukraine strongly suggest that talks with Russia will resume by year’s end for freezing the conflict. Ahead of that happening, these wartime allies are frenziedly trying to convince their respective people that the other is responsible for this debacle simultaneously with formulating an attractive post-conflict vision of the future. The first is served by their vicious blame game while the second will now be discussed.

Republican presidential candidate Vivek Ramaswamy, who’s now polling third after winning last week’s debate and had earlier attracted enormous media attention for his outspokenness on sensitive issues, just published his “Viable Realism & Revival Doctrine” in an article for The American Conservative. Of relevance to this piece is his plan for ending the NATO-Russian proxy war. Liberal–globalist policymakers and their media allies responded with fury, and it’s not difficult to see why.

Ramaswamy describes the conflict as a “no-win war” that’s needlessly depleted Western stockpiles to China’s benefit. With a view towards more effectively containing the People’s Republic in the Asia-Pacific, he therefore suggests extricating the US from its proxy war with Russia as soon as possible. To that end, he proposes recognizing the new ground realities in Eastern Europe, ending NATO expansion, refusing to admit Ukraine to the bloc, lifting sanctions, and having Europe shoulder the burden for its own security.

The explicit goal is to “get Putin to dump Xi”, and that’s why he says that the quid pro quo is “Russia exiting its military alliance with China.” Ramaswamy is convinced that his plan will “elevate Russia as a strategic check on China’s designs in East Asia” if it’s implemented into practice, but the problem is that no such “military alliance” exists between those two. Moreover, it’s unrealistic to imagine that the US will “get Putin to dump Xi” since they’re good friends and their countries are strategic partners.

Having clarified that, this plan does have its merits. From the Russian side, it ensures that country’s objective national security interests and gives it the chance to rely on the EU for preemptively averting potentially disproportionate economic dependence on China upon the lifting of sanctions. On the home front, Ramaswamy’s plan appeals to the pragmatic policymaking faction whose influence is on the rise as proven by the success over the summer of their policy towards India that was detailed here.

The timing couldn’t have been better. The US is looking for a “face-saving” way to resume peace talks as previously explained, and the rising influence of pragmatic policymakers could lead to them overruling the liberal-globalists’ objections to this, though their rivals could still try to sabotage this. The enormous media attention that Ramaswamy has already generated, not to mention what he’s now receiving as a result of his proposal, could reshape the national discourse on the proxy war’s endgame.

Americans are becoming fatigued with this conflict but no one had yet articulated an attractive post-conflict vision of the future until now. Irrespective of Ramaswamy’s political future, his plan serves to spark a wider conversation at all levels about the pragmatism of compromising with Russia in order to free the US up for more effectively containing China in the Asia-Pacific. This can in turn facilitate the resumption of talks with Russia, especially if it emboldens pragmatic US policymakers.

The vicious blame game between the US and Ukraine over the counteroffensive’s failure leads to the inevitable one over who’s responsible for losing this proxy war, with all of this preceding America’s formulation of an attractive post-conflict vision of the future for its people and policymakers alike. The first dynamic is continually intensifying and making more headlines by the day, while the second is also presently unfolding but mostly in silence, and it’s this dynamic that Ramaswamy’s plan contributes to.

Accepting the impossibility of Russia abandoning its mutually beneficial cooperation with China and acknowledging that lifting the sanctions likely won’t happen either, the rest of his proposals could form the parameters of a potential Russian-American deal for ending their proxy war in Ukraine. That former Soviet Republic wouldn’t join NATO, nor would that bloc expand any further, and the West would de facto recognize the new ground realities in Eastern Europe while the EU bears the burden for its security.

Russia would obviously have to agree to some regional compromises too in that scenario, such as Ukraine’s privileged post-conflict relationship with NATO and the hard security guarantees that the Anglo-American Axis will likely provide, but these could be acceptable if its other interests are met. If there’s any movement in this direction, then it shouldn’t be maliciously spun as Russia conspiring to facilitating the US’ containment of China, but seen for what it truly is: Russia putting its interests first.

August 31, 2023 Posted by | Economics, Militarism | , , , , | Leave a comment

Bloomberg Finances and Coopts State Attorneys General

State AGs aid Bloomberg quest for ‘green’ energy that threatens planet, wildlife and people

By Paul Driessen | CFact | August 22, 2023

When you’ve built a financial information and media empire and become the world’s seventh richest person, you get to say dumb things, like suggesting that farming is easy: “You dig a hole, put a seed in, put dirt on top, add water – and up comes the corn.”

Being ultra-wealthy also shields Michael Bloomberg from any fallout from the climate and energy policies he pursues so zealously. He will doubtless be able to afford electricity at any price for his multiple mansions, from any source, backed up by thousands of battery modules to cover the repeated blackouts his policies will unleash. The other 99.9% won’t be so fortunate.

Mr. Bloomberg bankrolls campaigns against coal and natural gas; supports efforts to populate the Biden Administration with rogue regulators equally intent on “transforming” America’s energy system, society, and living standards; and champions ESG principles for financial firms, companies, and investors. His company even has Sustainability and ESG & Climate divisions. Mr. Bloomberg serves as UN Special Envoy on Climate Ambition and Solutions, enabling him to advance his agendas internationally.

ESG (Environmental Social Governance) helps unelected asset managers use their control over trillions of investment dollars to pressure companies, lenders, and consumers to embrace far-left activist versions of public welfare and justice, even if it causes clients’ portfolio values to decline. ESG is a subversive way to bypass legislatures, voters and democratic processes, to impose unpopular political and ideological agendas, often in violation of fiduciary obligations.

ESG opposes fossil fuels, insisting they are causing climate cataclysms. Any company in that business, or offering to finance a drilling project, gets blackballed. But companies building or financing “clean, green” energy score in the ESG stratosphere – even though most such projects destroy vast swaths of wildlife habitats, involve slave and child labor, and leave widespread toxic pollution in their wake. ESG human rights, ecological, and climate justice principles are duplicitous and hypocritical.

As New York City mayor, Mr. Bloomberg infamously advocated exorbitant taxes on large sugary drinks, claiming they lead to obesity and thus to diabetes, cancer, heart disease, and premature death. He simply wanted to help poor people live longer, he asserted, by making Big Gulps less affordable.

It’s thus puzzling that he now wants to banish reliable, affordable gas heat and coal- and gas-generated electricity for heating and air conditioning – in favor of pricey, weather-dependent wind and solar power backed up by outrageously expensive batteries. Those policies shorten lives.

Even if manmade or natural climate change causes average global temperatures to climb 2-3 degrees, modern technologies will keep us safely comfortable. But if laws, policies, and ESG pressures make heating and AC inaccessible or unaffordable, indoor temperatures can soar 15-25 degrees in summertime and drop as precipitously in wintertime. People die – and cold is far deadlier than heat.

When people, especially the elderly, cannot heat their homes properly, they can perish from hypothermia or illnesses they would likely survive if they weren’t so cold. The Economist calculated that expensive energy may have killed 68,000 more Europeans than Covid did last winter.

LIHEAP (Low Income Home Energy Assistance Program) will help the poorest families – until the subsidy money runs out – but not middle/working classes, and not small businesses.

Even worse, three billion people worldwide still do not have access to reliable, affordable electricity. Message to climate zealots like Mr. Bloomberg: Access to intermittent, unpredictable wind/solar electricity doesn’t count, especially if it’s only enough to charge a cell phone or power a lightbulb or one-cubic-foot refrigerator. Lack of access to sustained, affordable energy kills.

The billionaire’s legal power grab is even more insidious and dangerous to democracy.

In 2017 he began covertly funding New York University Law School’s State Energy and Environmental Impact Center, which provides grants to progressive (Democrat) state attorneys general, enabling them to hire “special assistant” AGs or “fellows.”

The Center’s mission is to provide “direct legal assistance” to interested AGs “on specific administrative, judicial or legislative matters involving clean energy, climate change and environmental interests of regional and national significance,” when AGs say they lack sufficient public funds to hire such help.

NYU now says, “the fellows’ sole duty of loyalty is to the attorney general in whose office they serve.” However, these partisan Bloomberg grants pay salaries and “generous benefits packages” to “special assistants” whose functions are dictated by the Center; address specified “regional and national” issues normally beyond the purview of state AGs; are routinely coordinated with energy and climate activists and donors to those causes; and often launch “public nuisance” or RICO litigation against oil companies, to the detriment of targeted industries and the consumers and ratepayers who depend on their products, within the AGs’ home states and in distant states and communities.

It is the Bloomberg agenda that is being served, by grants that effectively conscript and coopt the public authority and power of the attorney general’s offices.

As a 2022 report by the American Tort Reform Foundation notes, “These SAAGs are private attorneys placed in public positions to exercise government authority. Yet, they are not independent or impartial because their mandate is to carry out an overtly political agenda funded by wealthy private donors.”

This “unique” arrangement, the Foundation continues, “allows well-heeled individuals and organizations to commandeer state and local police powers to target opponents with whom they disagree, raising the specter of corruption and fundamental unfairness in what should be public enforcement of the law.”

Those same considerations also appear to raise fundamental ethical, legal, and constitutional issues. They certainly raise questions about laws governing gifts, campaign contributions, and bribes – and where Bloomberg-funded lawyers are involved in prosecutions, serious due-process concerns.

And yet the NYU Center has already placed at least 11 special assistants in eight state attorney general offices, which have filed at least 20 lawsuits against a few selected oil companies, charging them with “climate denial” or causing planetary warming, rising seas, more frequent and intense hurricanes and tornadoes, and other “offenses.”

This litigation ignores the actions of hundreds of other oil and gas companies across the globe; steadily rising emissions from China, India, and other rapidly developing nations; the role of natural forces and emissions from wind turbine, solar panel and battery mining, processing, and manufacturing; the lack of evidence to support claims of a climate “crisis” or more frequent and violent storms; and the fact that these issues should be litigated in federal courts or relegated to a democratic political process.

The US Supreme Court recently had an opportunity to quash this rampant litigation but chose not to review the state and local cases and send them to federal courts. The seemingly endless lawsuits and acrimony are creating a legal, constitutional, scientific and public policy nightmare for businesses, consumers, courts, states, and the nation.

Rest assured, billionaires like Bloomberg, Gates, Kerry, Zuckerberg, and Soros – who demand that we commoners give up our cars, gas stoves and furnaces, steaks, air travel, and suburban homes – don’t intend to give up anything.

Let’s hope the pro-America governors, AGs, legislators, judges, and business groups battling ESG and other woke campaigns tackle this NYU Impact Center hornets nest as well.

August 30, 2023 Posted by | Economics, Malthusian Ideology, Phony Scarcity | , | Leave a comment

EU Budget Battle Shows Euroscepticism and Ukraine Fatigue Rising

By Ekaterina Blinova – Sputnik – 29.08.2023

Divisions are brewing among EU member states as the bloc’s leadership seeks a total of €86 billion ($93.2 billion) in additional funding, including financial support for Ukraine and salary increases for EU bureaucrats.

Brussels’ request for additional funding to fill the gaps of the EU budget and provide assistance to Ukraine has sowed discord among EU leaders who are seeing their domestic budgets dwindling and skepticism over the Kiev regime’s ability to win, according to the Western mainstream press.

EU member states have called for reductions and a longer approval timetable, while Ukraine’s botched counteroffensive makes war skeptics in both the Old Continent and the US even more doubtful about additional military support.

The EU’s €86 billion package consists of €66 billion ($71.6 billion) for the union’s budget and €20 billion ($21.6 billion) in military assistance for Kiev (stretched over four years). The package also contains €17 billion in grants for Kiev, while around €19 billion are meant to cover interest costs on joint EU borrowing; about €2 billion have been requested for the EU administration’s salary increases; €15 billion would be spent on issues related to rising migration and funding for external countries; and €10 billion would cover the EU’s other endeavors.

Per Germany and the Netherlands, it’s a tricky time for Brussels to increase its internal spending when its member states are tightening their belts due to rising interest rates, economic slowdown and still swirling inflation.

“Essentially, what is happening is that the EU is asking for a top-up from member states for its own increased expenses, including increasing its own officials’ salaries, as part of a total long-term budget plan that also includes aid to Ukraine,” Dr. Roslyn Fuller, director of the non-profit think tank Solonian Democracy Institute and the author of the book “Beasts and Gods: How Democracy Changed Its Meaning and Lost Its Purpose,” told Sputnik.

“While the increase to salaries ‘only’ accounts for €2 billion [$2.2 billion] of this package (compared to a reported €19 billion to cover higher interest on loans), there is definitely a perception of European ‘fat cat’ officials in society at large, so increasing their salaries, while many others have seen their purchasing power drop dramatically due to inflation, will certainly not be popular, and this has become a bit of a sticking point.”

The Eurozone has yet to overcome inflation hurdles, with some nations, like Italy, suffering from the European Central Bank’s (ECB) aggressive rate hikes or facing nothing short of deindustrialization, like Germany, over the EU’s energy embargo slapped on Russia in the aftermath of the latter’s special military operation in Ukraine.

“Although Germany is the major economic hub of the EU, and has been particularly hard-hit by energy shortages, it is also a major weapons manufacturer, and thus spending on military aid is not bad news for the German economy. If you look at a company like Rheinmetall AG, for example, its stocks haven’t been higher in the last quarter century than they have been since 2022,” said Fuller.

While Rheinmetall AG apparently feels good, many other German companies are suffering from energy uncertainty. Some big German enterprises, including BASF and Lanxess, closed facilities and relocated their businesses, opening the door to deindustrialization.

As per the International Monetary Fund (IMF), Germany is the only G7 economy which is projected to contract in 2023. What’s more, the nation has already slid into a technical recession and is lagging behind its Western rivals in terms of economic growth. Thus, unsurprisingly, Berlin has no appetite at replenishing the EU coffers at the expense of its dwindling national wealth.

Hence, Berlin’s opposition to Brussels’ latest hefty package.

Meanwhile, inflation in the Eurozone dropped to 5.3% in July, down from 5.5% in the previous month, but is still higher than the European Central Bank’s 2% threshold.

“Although any conflict is obviously a drain on resources, we have so far experienced a much softer economic downturn than anyone was expecting in early 2022. This is likely because Western states were flooded with money and had ultra-low interest rates during the early part of the pandemic. Savings rates were also very high during the pandemic. This created a huge financial cushion that allowed people to absorb the increased costs of energy and inflation far better than was expected,” Fuller remarked.

Still, even though the relatively warm winter of the 2022/2023 helped Europe to weather its own energy sanctions on Russia, it’s unclear what the future has in store for the Old continent during the 2023/2024 winter season.

Tom Luongo, a geopolitical and financial analyst, suggested in his July interview with Sputnik that Europe’s financial cushion could collapse very quickly. According to him, an impending crisis may soon flood “the Potemkin villages” of the EU economy.

Per Luongo, there’s a greater chance that the next global recession, if it does take place, would emanate from Europe due to a commodity wave, prompting a new wave of inflation, and the banking collapse. The first harbinger of the impending trouble was Switzerland’s Credit Suisse bank collapse in March 2023.

While the future of the European economic bloc is still murky, one thing is clear: the EU is not expecting the Kiev regime’s victory any time soon and needs to prolong its agony as long as possible.

“Since the EU is locking in funding for four years, they clearly aren’t planning on victory any time soon, and people eventually grow weary with protracted wars,” Fuller stressed.

August 29, 2023 Posted by | Economics, Militarism | , , | Leave a comment

First rail cargo sets off from Russia to Saudi Arabia via Iran

The Cradle | August 27, 2023

The chief executive of the Islamic Republic of Iran Railways (RAI) announced on 27 August the transit of Russian cargo to Saudi Arabia via the Iran transport corridor for the first time.

A transit train hauling 36 containers entered Iran for the first time from Russia through Iran’s Incheh Borun rail border near Turkmenistan, Miad Salehi stated.

The deputy roads minister added that this cargo transit train was dispatched to the port city of Bandar Abbas on the Strait of Hormuz and will be transferred from there to the Saudi Arabian port city of Jeddah by sea.

Russia seeks to develop the International North–South Transport Corridor (INSTC) to connect India, Iran, Russia, Azerbaijan, and other countries via railways and sea.

Russia says the INSTC will rival the Suez Canal as a major global trade route.

In May, Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi signed a deal to finance and build an additional Iranian railway line between the cities of Rasht and Astara.

“The unique North-South transport artery, of which the Rasht-Astara railway will become a part, will help to significantly diversify global traffic flows,” Putin said.

He also said the 162-kilometer railway along the Caspian Sea coast would help to connect Russian ports on the Baltic Sea with Iranian ports in the Indian Ocean and the Gulf.

“Without a doubt, this agreement is an important and strategic step in the direction of cooperation between Tehran and Moscow,” Raisi said.

Iran hopes the successful development of Russian-financed railway links comprising the NSTC will increase transit revenues and reinforce Iran’s “Look to the east” policy of strengthening ties with neighboring countries and eastern powers in response to western economic sanctions.

Raisi’s Deputy Chief of Staff for Political Affairs, Mohammad Jamshidi, claimed that the INTSC earnings would rival Iran’s oil revenue. In this vein, the semi-official ISNA on May 17 estimated annual revenue of $20 billion from the corridor.

State broadcaster-run Jam-e Jam newspaper described Iran as the “golden path of trade” in an article highlighting the potential benefits of the railway.

Iran and Russia have developed closer economic, diplomatic, and military ties in recent years, as both countries have been subject to US economic sanctions and have resisted US foreign policy in West Asia, including Syria, and the former Soviet states, including Ukraine.

August 29, 2023 Posted by | Economics | , , | Leave a comment

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