The economic and financial crisis in Europe is still not severe enough, according to the EU commission. It thus mulls to cap gas prices, wants 300 billion Euros created (inflated) to "help" energy turnaround policies", and wants to further reduce productivity in the energy sector by instead pushing windmills and solar roofs becoming mandatory on all houses. Of course I translate their wishy washy glossy language into plain English here.
We all know what it means when you reduce productivity and the ability to produce: you reduce supply, in relation to that you increase demand, and so you drive up prices. The EU says it wants climate neutrality being accelerated and by that tightening timetables and treshhold criteria even further.
It does not matter whether they mean it well or not: what matters is that they display a terrible lack of understandig for basic economic market processes - and how inflation gets driven. This is not the time anymore to plan a cutting of all existign energy security on behalf of daydreaming and ideological hybris.
Its fair to say the EU is ringing ready for worstening the already perfect storm even further, and intentionally. What would be needed instead is a dramatic strenghtening of nuclear energy to become independend from unpredictable - and instabile! - wind and solar energy production. I see absolutely no other
realistic option for the coming 40, 50 years or longer. Also, at thew current present we should noch further destroy our remainign energy security further while not havign replacements in place.
(For private house owners and landlords, it is becoming ruinous. In Germany they do a law now that landlords must pay 50% of the heating costs of their tenants. Whether tenants heat excessively or save energy, does not matter. The possible wasting frenzy of the tenant is somethign the house owner now gets punsihed for: who says he dioe snot heta moe becasue he knwos he pays only half the costs? He could heat 25%
more than before, and still pay less than before!)
What have I learned today: no economic costs of a war - and a debt crisis and a financial crisis and an economic crisis all coming together - could ever be bad enough as if they could not be intentionally worstened further.
Reason and sanity are boring, only chaos and conflict-heavy decline promise fun and entertainment. Lets party, and shatter what so far has escaped destruction!