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On 17 December 1938, chemists Otto Hahn and Fritz Strassmann discovered nuclear fission at the Emperor Wilhelm Institute in Berlin. On 16 July 1945, American scientists, building on Hahn’s research as part of the Manhattan Project, detonated the first nuclear weapon in Jornada del Muerto, New Mexico. In less than a decade, the nuclear age had become a reality. By 1958, the world’s first full-scale nuclear power plant came online at Shippingport, Pennsylvania.
Continue reading. In late March, the Green Vice-Chancellor of Germany pleaded with the German people to save energy wherever they could: “Every kilowatt-hour of energy saved helps”, a plea he repeated in June, with a European energy crunch looming.
Apparently Berlin counts on kilowatt-hours, but does not care about terawatt-hours. In 2021 six nuclear power plants produced over 65TW/h, providing no less than 13% of German electricity generated. Three of these plants were closed in early 2022, with the remaining three being phased out in December. Though there have been calls by other European states and by German industry to keep them running, so far the government is not willing to reconsider its original plans. The coalition government of Social Democrats, Greens and Liberals looks out of touch with a voter base that has recently shifted in a dramatically pro-nuclear direction. Several polls have shown that at least 60% of Germans want to postpone the phase-out of nuclear, including a surprising 61% majority among supporters of the Greens. Continue reading. There is a growing division between Eastern and Western Europe - Rock Rachon, July 29th, 20229/5/2022 It has been nearly six months since Putin launched his invasion of Ukraine, but for Europe, the worst is yet to come. Already companies are contemplating shutting down production, including aluminium smelters in Slovakia and fertilizer producers in the UK. Corporations need to plan long term, and forward contracts for electricity (which are supposed to lock in energy costs) are at all-time highs for 2023 and 2024.
Continue reading. "To turn against those that are responsible for this innovation is immoral" - GB News, July 23, 20229/5/2022 The economist Herbert Stein once wrote that if something cannot go on forever, it will stop. It seems like the German — and with it probably the European — economy is reaching that point. Most of Europe’s 100 largest companies were founded in the 1980s or before, which means that the old continent has entirely slept through the digital revolution of the 1990s and 2000s. There is no European counterpart to American corporations like Facebook, Amazon, E-Bay or China’s Alibaba or WeChat.
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Op-Eds and InterviewsThis is a collection of all my English-Language Op-Eds and Appearances ArchivesCategories |