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Home Financial Advisor

Germany’s Nuclear-Power Implosion – WSJ

by admin
July 11, 2022
in Financial Advisor


Europe’s climate obsessions have led to an energy crisis, and who would have thought the Germans would choose to make it worse. That’s what happened last Thursday when the Bundestag voted to shut down the country’s remaining nuclear power plants by the end of the year.

Lawmakers, mainly from the Social Democratic and Green parties in the ruling coalition, nixed an effort to extend the lives of three nuclear reactors. Those are the last three standing after former Chancellor Angela Merkel’s decision in 2011 to phase out nuclear power. Killing them has become an article of faith for Germany’s eco-left even as Ms. Merkel’s center-right Christian Democratic Party (CDU) has thought better of the policy after her retirement. The CDU sponsored the pro-nuclear resolution that was defeated 249-393.



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