(Photo by Boris Roessler/picture alliance via Getty Images)
Last winter, the EU learned that it had problems in its energy production. Facing blackouts, the union proposed the inclusion of natural gas and nuclear power in its taxonomy of green power. Now that battle has played out, and the nay-sayers lost. However, Germany tends to make decisions that get itself and the rest of Europe in trouble. A Perfect Storm The largest countries in the EU have been closing their coal industries and nuclear power plants to save the planet from global warming, replacing them with wind and solar power and Russian gas import. Last winter, those chickens came home to roost.
After months of unusual cold, the hydropower reserves of the Scandinavian countries had been drained, resulting in surging electricity prices across Europe. The situation was so severe that blackouts became a possibility. Then, to make matters worse, Germany’s largest natural gas supplier...
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