Posted on 09/30/2022 9:38:03 PM PDT by FarCenter
The CEO of Siemens Energy is asking his compatriots to do without: "Just switching to a big electric car" is not a solution, according to Christian Bruch. Energy will remain expensive in the long term - and that will cost Germany many jobs.
According to Christian Bruch, CEO of the Dax group Siemens Energy, German companies and consumers are facing drastic changes. "This crisis will fundamentally change Europe's economy like nothing before," Bruch told Der Spiegel .
According to Bruch, he expects companies to leave the country and jobs to be relocated on a massive scale. Energy will always be more expensive in this country than anywhere else in the world.
"We should consider whether it makes sense to relocate particularly energy-intensive production stages to where energy is cheaper," he concludes. That could mean, for example, that steel slabs or ethylene would tend to be produced elsewhere in the future. In return, “downstream value-added stages could stay here, because many jobs depend on them,” said Bruch.
Lifestyle changes required
He called for the energy price cap just announced by the federal government to be implemented quickly, "so that companies don't collapse in droves. But we certainly have to change our lifestyle as well,” the “Spiegel” quotes Bruch as saying.
The average German needs about eight times more energy than a person in Asia. "We have to get to it." A basic problem in Germany is that "we are always concerned with preservation". It cannot be a solution to “simply switch to a large electric car”.
(Excerpt) Read more at welt.de ...
Yhese people reek of evil, this is what has wrecked much of the US and led to the fentanyl epidemic.
There you have it. In the liberals’ eyes it’s not their failed energy policies that’s the problem. It’s that we refuse to live like folks in the 3rd world.
Bingo. Those German people use 8X the energy of those frugal Asians. Time to cut the chocolate ration!
Allen Bradley.
Shutting down the nuclear reactors and coal power plants is not ending well.
But that would go against the WEF's desire to turn every country into a banana republic of a few billionaires and a mass of poor.
Bruch’s not much of a business man is he? Doesn’t seem to know what makes jobs.
Maybe they should stop subsidizing electric cars.
Of the 890,000 electric cars registered in Germany over the past 10 years, the vast bulk of which were bought with grants, just 756,517 remain in the country, according to a study of official data.
While a small number of the missing cars will have been taken out of service, most of them have been sold to drivers in neighbouring countries at a profit, according to two leading industry figures.
“By the time the one millionth new battery electric passenger car is registered later this year, close to one-fifth of those cars would have left German roads during the last decade,” said Matthias Schmidt, a Berlin-based analyst who carried out the research.
“The loser is the German taxpayer, who is indirectly subsidising clean air in cities outside of Germany.”
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https://www.ft.com/content/e599a283-4456-483e-9bb0-cf1de5495a0e
I did some business with Siemens many years ago.
Sometimes I had to call the Uk branch, I tried not to laugh every time their receptionist answered the phone and said
“Siemens Staines”
One added comment, on the eight-times of usage....remember that the bulk of German homes (probably 90) don’t have AC units for summer heat.
On the whole of this report, he’s correct in that German electricity is among the most expensive of Europe, and has never had a plan to produce ‘cheap’ electrical power. At some point, competitive states will take up German companies and the jobs. It’s just a matter of when the ‘game’ changes.
I hear Siemens still has plenty of concentration camp materials and ZyklonB in storage. They are ‘keepers’ after all.
Maybe the WEF’s plans for Europe will let them finally use it up.
Yes, we still have coal. 300 years worth at the last guess. But now nothing to convert it to electricity with. They shut down the coal burners, then demolished them. Just in time for the current crisis....
“Siemens Staines”
That IS funny.
Germans are relocating to South America in droves
If only the Germans could develop a small, fuel efficient car for the masses...a, “people’s car,” so to speak...
“Energy will always be more expensive in this country than anywhere else in the world.”
Energy doesn’t have to be so expensive in Germany. There is no immutable law of economics which says energy must be more expensive in Germany than anywhere else. The sky high cost is the result of CHOICES Germany made. It could always make different choices that would dramatically reduce both dependence on foreign energy as well as the price paid for energy.
Here are some immutable truths the Germans will have to face:
1) you are never going to conserve your way out of this problem. Running a modern economy and living a modern life takes energy. It always has and it always will.
2) wind and solar are never going to deliver anywhere near enough energy anywhere near reliably enough to meet the needs of a modern economy. Its not going to happen. Ever. Because physics. No really. Quintupling down and wishing even harder are not going to change that. Plastering every square centimeter of your country in solar panels and building a gazillion more wind turbines is not going to do it.
3) So....you need energy. You can’t get it from wind and solar. Russian energy is now out. Where are you going to get the energy you so desperately need? (que jeopardy music). Remember, you need it NOW - not at some theoretical future date. Gosh....how did your parents and grandparents and great grandparents meet the need for energy in your country? They managed to keep the lights on. They managed to take hot showers.
Here are some immutable truths the Germans will have to face:
1. You are never going to conserve your way out of this problem...
2. Wind and solar are never going to deliver anywhere near enough energy anywhere near reliably enough to meet the needs of a modern economy...
3. So...you need energy. You can’t get it from wind and solar....
+++++++++++++++++++++++++
100% TRUE. Just substitute “California” for “Germany” in the above and you have another truism.
Nazi Argentinians.
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