Johannes Eber – The Pixel economist Inflation is back. After many years of low inflation rates, prices have recently risen in much of the world. The chart below shows the inflation rate of the G20 […]
by Johannes Eber – The Pixel economist At the beginning of the war in Ukraine, the Russian currency ruble lost almost half its value compared to the US-Dollar. In the meantime, the ruble has almost […]
The numbers Oil and petroleum products 34.5% Natural gas 23.7% Renewables 17.4% Nuclear 12.7% Solid fossil fuels (mostly coal) 10.5% Other 1.2% EU Energy Mix (Source: Eurostat, beginning 2020) What’s striking is the strong presence […]
In Germany, the discussion has focused very much on what Germany no longer wants, namely electricity from nuclear power and electricity from coal-fired power. However, if Germany does not succeed in transforming their energy system in such a way that they can replace these power generation capacities with renewable energies, then this will lead to Germany importing precisely this electricity, i.e. nuclear power from their western neighbors and coal-fired power from their eastern neighbors.
The war in Ukraine highlights Germany’s dangerous dependence: Not only natural gas is imported from the east, but also oil and coal. Power plants, factories and domestic heating systems are threatened with standstill if supplies are cut off.
Much of the world wants to prevent Putin’s Russia from invading Ukraine. The means of prevention: setting the price, Putin would have to pay, as high as possible. The west has ruled out military means to inflate the price. For a good reason. The costs of a military conflict between Russia on the one hand and Europa and the USA on the other would be immense, not just for Putin. […]
At the beginning of the use of nuclear energy 60 years ago, people dreamed of an infinite supply of cheap electricity. The little bit of nuclear waste that was produced could be shot into space or dumped in the sea. To date, tons of radioactive nuclear waste have accumulated, which must be stored safely and in some cases shielded from the biosphere for over a million years. Up until today, there is no suitable final respository for it anywhere in the world. Instead: The EU focuses on green-washing of nuclear power and nuclear waste. […]
Why higher taxes on meat and milk aren’t a good idea Johannes Eber – Good morning Europe blog There is an ongoing debate (in german) in Germany whether some food should become more expensive. The […]
Which tasks do we need the European Union for? The short answer is: We need the European Union to produce those public goods that extend beyond the nation state Infrastructure can be such a good. If one country builds a cross-border railway line, its residents benefit from it. But not only theirs: the people in whose country the train route leads, benefit too. Though, since only the benefits of the building country’s population (voters) are regularly included in political decisions, too few cross-border train routes are built. […]
The EU commission wants to classify both nuclear and gas as “green” investments. On the evening of New Year’s Eve, the commission had sent member states a draft of its awaited so-called “taxonomy” list, laying out a classification system that determines which energy sources can be labelled green for investment purposes. What would the consequences of such classification be? […]
I’ve never checked whether the triple vaccination I received really protects against the coronavirus. I just couldn’t. I am not a medic. Instead, I trust others. Scientists. Journalists who write about what scientists say. Also politicians, at least if they follow the advice of scientists. […]
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