Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell My Personal Information| Ad Choices BASF, the worlds largest chemical company, may be forced to grapple with natural gas rationing if Germany experiences a cold winter. How has all this impacted on Germanys position towards Putin and the war? The 2011 incident at Japan's Fukushima nuclear power plant prompted a swift reversal, with Merkel declaring that Germany would in fact now accelerate its exit from nuclear power and shut down the last remaining plant by the end of 2022. The economy of Germany is a highly developed social market economy. The government would have to shut down the supply to big industrial consumers, and definitely BASF will be one of those, said professor Stefan Lechtenboehmer of the Wuppertal Institute. Parler In other news in October, the Chinese state-owned shipping company Cosco made headlines when it announced that it intends to acquire a stake in a container facility at Hamburg port's, which is considered critical German infrastructure. Is Germany making the same mistake with China that it made with Russia? If Gas for the giant German company BASF drops by 50% it will shut down completely with possible permanent damage. The urgency of the ecological situation has not been fully understood by some on the left. In September, German chemicals giant BASF opened a major production center in the southern city of Zhanjiang. The federal government has earmarked almost 1 billion every year to deal with the cost of storing spent fuel rods, according to former environment minister Svenja Schulze. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions but some companies have continued to operate in Russia To this we can add the Nord Stream 1 and Nord Stream 2 pipelines, the latter of which would have allowed Germany to become a kind of gas hub for distributing Russian gas within Europe. Foreign Minister AnnalenaBaerbockis leading this transition. Germany is now dependent on other energy sources, such as LNG [liquefied natural gas] deliveries from the US but also from other sources. Germanys left party maintains its anti-war position for now. In January, about 750,000 b/d of Russian crude oil was supplied through the Druzhba pipeline network to various European refineries. China maintains a monopoly over precious earths and metals 19 out of 30 "critically" important earths and metals are imported from China to the European Union. From a more strategic viewpoint, rather than pursue an aggressive policy towards Russia, the main German capitalist groups have traditionally promoted good relations in order to peacefully conquer the Russian market. Is it the case that Germany has just followed the United States? It has six simple demands: 1000 euros for everybody in winter to spend on warm clothes, etc; wage rises; a cap on gas prices; a broad demand for greater public control over the energy system; increased company taxes; and an extension of the 9 ticket that allows unlimited regional train travel for a month beyond its current 9 month period, to cover summer. It is important to add that it was Putin who shut down the delivery of gas to Europe, and not Germany or other Western European countries. But everything depends on the severity of the winter. But the ecological question has to be integrated into everything we do. Since 1973, when West and East Germany started importing natural gas from Russia, the importance of Russian natural gas for Germany has continuously risen. This video is from theNew American channel on Brighteon.com. On the one hand, fossil fuel companies have been very careful to invest, given concerns over future prospects due to the energy transition [away from fossil fuels]. Politicians have sought to blame Russian President Vladimir Putins war on Ukraine or, alternatively, sanctions imposed by Europe for the situation. The global insulation market size was estimated at USD 57.95 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% over the forecast period. This has forced everybody to reconfigure their positions. Thunbergs support comes at a time when the continent is on high alert over Ukraines Zaporizhzhya nuclear power plant, Europes largest, located in Russian-controlled territory. However, in early 2022 this plan was called into question once more in light of the 2022 Germanys gas supplies have been costing up to 10 times what Americans have to pay a serious competitive disadvantage. A Norwegian wind farm may face shutdownunless improvements are made as parts of wind turbines started flying off due to strong winds. Thats because former Chancellor Merkels attempt to exit both nuclear and coal power simultaneously in favor of greater dependence on Russian natural gas has proved to be a disastrous decision in retrospect. EIN: 41-0953924. But it is also clear that, while economic relations continue to flourish, President Xi will not be too concerned if Germany takesa more critical stance. Two other routes, under the Baltic Sea to Germany and through Belarus and Poland, have shut down. Crackers are the starting point for producing basic chemicals that go into everything from insulation materials to solvents. Yet the ongoing war in Ukraine has changed popular opinion. According to Anne Johanne Krakenes, section head for the Norwegian Water and Energy Directorate, the operators have made some improvements. Although the facility is now being equipped for the future, and the surrounding area made safe, the reputation is damaged, local newspaper editor Morten Berg-Hansen said. Its goal is thattwo-thirds of business growth will by driven by its Chinese operations by the end of the decade. But is this the case? China has wielded increasing economic clout within Germany, US midterms: Biden, Trump take center stage on eve of vote, Opinion: Midterm vote is decisive moment for US democracy, US midterm election: What you need to know, The battle for the Black vote in Wisconsin, Africa faces climate disaster but is also a beacon of hope, India: Conjugal rights debate puts focus on jail reform. It would be really difficult for German manufacturers and especially for one company: The chemical giant BASF needs a continuous supply of vast quantities of natural gas, both as a source of energy and as a raw material. Three generations of German employed nuclear power, she told the Berlin Energy Transition Dialogue in March 2021. On the other hand, renewable energies companies are not investing enough. Such conflict would seriously affect many sectors of the Germany economy. These are the fundamental reasons for the rising prices. They understand that you cannot resolve it by simply imposing price caps, because all that means is the state subsidising companies by paying the difference. But I don't see any proof that they have subordinated themselves to US interests; they continue to have their own interests. If this will be a really cold winter, we will have a substantial problem. It should be noted that the Putin regime relies largely on revenues from the fossil fuel industry. But it did not work as well as he hoped, because most people feel some solidarity with Ukraine. Germany once relied on Russia for around half of its natural gas. "Step-by-step we need to free ourselves from this self-chosen dependence, otherwise we risk gradually lose our independence," saidMichael Brand, a Christian Democrat who sits on the Bundestag'sCommittee on Human Rights and Humanitarian Aid. Polish households burn TRASH for heat as Western sanctions against Russia deprive Europe of energy, Europe will experience the worst energy crisis in history if it keeps turning away Russian oil and gas, Europeans panic-buying firewood and stoves in desperate preparation for dark winter without electricity and gas, Energy crisis forces Austrias only domestic salt manufacturer to cut production by 20%, Steel giant ArcelorMittal forced to shut down two massive German steel facilities due to energy crisis, U.S. following in Europes footsteps: Bout of cold weather this winter could result in BLACKOUTS due to energy shortages, expert warns, Much of Kiev without power and water following latest round of missile strikes from Russia, Germans take to the streets to protest rising energy prices, Energy executives tell Sec. But the war has shown that Putin has his own project. UN News produces daily news content in Arabic, Chinese, English, French, Kiswahili, Portuguese, Russian and Spanish, and weekly programmes in Hindi, Urdu and Bangla. How should ecosocialists approach the interrelated issues of climate, war, gas prices and international solidarity? Telegram When the UN this summer reported human rights abuses and instances of forced labor in the western province of Xinjiang, VW refused to shut down its operations in the region. Greta Thunberg opposes Germanys plans to shut down its three remaining nuclear power plants at the end of the year. Nuclear power in Germany accounted for 13.3% of German electricity supply in 2021, generated by six power plants, of which three were switched off at the end of 2021, the other three due to cease operation at the end of 2022 according to the complete nuclear phase-out plan of 2011. Ukrainian environmentalist: To stop the war, start moving away from fossil fuels It is important to demand wage rises. 2022 Fortune Media IP Limited. The second element is the ecological question. Consider the impact of a potential disruption in the supply of those products after what happened to the auto industry following the chip shortage. One of these takes its name from the slogan of the Russian Revolution Bread, Land and Freedom, rephrasing it to Heating, Bread and Freedom. Then there will not be enough natural gas, said Ole Hvalbye, an energy analyst with the SEB bank in Oslo, Norway. In a more concrete, immediate sense, the movement has to express its solidarity with Ukrainians resisting Russian occupation. may get through the winter relatively unscathed. Write for Natural News Updates: Ukraine receives first NASAMS air defense systems, Iran's universities under spotlight as protests persist, Peru Indigenous group frees kidnapped riverboat tourists, UN this summer reported human rights abuses and instances of forced labor in the western province of Xinjiang, acquire a stake in a container facility at Hamburg port's. Analysts with Berlin's Mercator Institute for China Studies (MERICS) do not expect that war will break out over Taiwan in the coming years so long as all parties avoid unexpected confrontations and strive to prevent smaller disagreements from spiraling into major conflicts. However, the Greens, a partner in Germany's government,and other parties are urging a reduced reliance on China in order to avoid being extorted, as Russia was able to do with energy. But although industry would be in the firing line in the event of rationing, the professor does not believe the government would ever pull the plug on BASF. So far, for the most part, unused or temporarily occupied real estate is to be converted into office buildings, lofts, hotels, and other Fell, an ardent environmentalist and long-term critic of BASF, said he knows whom to blame. Is industry more culpable? 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