Germany could reduce its carbon footprint more effectively while saving hundreds of billions of euros if it invested in nuclear power rather than green energy projects, a bombshell report has found. [emphasis, links added]
Left-wing governments in Europe's top economic powers have made the devastating mistake of abandoning nuclear power and focusing instead on so-called “renewable” energy sources such as wind and solar.Jan Emblemsvåg, an industrial engineer at the Trondheim University of Technology in Norway, said according to a German daily newspaper. Redness and swelling.
In 2000, nuclear power accounted for about 30% of Germany's electricity, but more than two decades later, in 2022, the country closed its last nuclear power plant under the guidance of the left-wing Social Democrats (SPD) and the Green Party.
Based on calculations of results from other nuclear powers, Emblemsvåg found: “If you invest in nuclear power plants, not only can you achieve more decarbonization” but you can also do so “with significantly less expenditure.”
Although estimates of the costs of Berlin's green transition vary, according to the study, since 2002 Germany has spent 696 billion euros [$744.72 billion]of which 310 billion [$331.7 billion] Direct state subsidies for renewable energy.
Norwegian researchers found that, at the same time, carbon emissions fell by 25%.
However, if Germany decides to stick with nuclear power in the meantime, the country will save €600 billion [$642 billion] At the same time, more zero-emission electricity is produced than all “green” energy sources combined.
also, If Germany invested further in nuclear power in 2002, emissions could fall by about 73% (almost three times the current rate) while still saving €300 billion [$321 billion] Compared to the Green Agenda.
Emblemsvåg said: “Despite the uncertainties in the data and assumptions, there is no doubt that Germany will do better in both spending and greenhouse gas emissions than it does with its current energy transition.“
“Overall, an alternative policy of maintaining existing nuclear power plants and building new ones in 2002 would halve spending and Germany will meet its climate targets… The cost of nuclear power plants will be significantly reduced.“
Although Germany might “already have a carbon-free electricity supply” if it had invested in nuclear energy earlier, The future green transformation will still require investment, estimated by management consulting firm McKinsey at about 6 trillion euros [$6.42 trillion] It will be fully spent by 2045.
Despite constant warnings that a green agenda could jeopardize Germany's role as Europe's economic engine, Berlin has simply decided to double down on its efforts.
According to reports, German Chancellor Angela Merkel's former government was also caught off guard by its invasion of Ukraine in 2022, which resulted in significant cuts in Russian gas and oil supplies to Germany, severely hampering the German economy.
Declassified documents produced months before the Russian invasion show, Merkel's government, which at the time included current Chancellor Olaf Scholz, believed that Germany's increased reliance on Russian gas through the Nord Stream pipeline would not “endanger” the energy supply security of Germany and the EU.
This proved to be a fatal miscalculation, as the pipeline was breached just months later and Vladimir Putin decided to cut off transportation, plunging Germany into an energy crisis. There is no nuclear power to rely on.
German auto giant Volkswagen is reportedly planning to cut jobs and potentially close factories in Germany for the first time in the company's history amid soaring energy costs, among other industry factors.
Read more at Breitbart News
