Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • The future of laser warfare may depend on hybrid trucks
    • Gen Z’s meager job prospects may not have AI to blame
    • The government just launched Trump Accounts. Here’s who gets the free $1K
    • Scientists say Elon Musk’s orbital data centers could blind Earth’s biggest telescopes
    • Are stores open on July 4? Costco, banks, USPS, Walmart, pharmacies, more on Independence Day 2026
    • Here’s how you can save 50¢ per gallon on gas this July 4 weekend
    • The designs that define America
    • The United States of Innovation: 13 Stories of American Ingenuity
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Economy»Germany’s Merz Admits To “Serious Strategic Mistake”
    Economy 4 Mins Read

    Germany’s Merz Admits To “Serious Strategic Mistake”

    Economy 4 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email


    ?? Germany’s Chancellor Merz says it was a ‘serious strategic mistake to phase out nuclear energy’. pic.twitter.com/sUilOpSpCs

    — The Spectator Index (@spectatorindex) January 15, 2026

    Phasing out nuclear energy was a “serious strategic mistake,” admits German Chancellor Friedrich Merz. “It was a serious strategic mistake to exit nuclear energy,” Merz said. “If you were going to do it, you should have at least kept the last remaining nuclear power plants in Germany on the grid three years ago, so that we would have had the same electricity generation capacity.”

    Repeatedly, I warned that Germany was committing economic suicide by adhering to the climate change anti-fossil fuel agenda and blindly agreeing to cut off Russian imports. “We’re now making the most expensive energy transition in the entire world. I don’t know of a second country that makes it as difficult and as expensive for itself as Germany does. We set ourselves a goal that we now have to correct, but we simply don’t have enough energy generation capacity,” Merz continued.

    Granted, most of the Christian Democratic Union was in favor of nuclear power. Merkel, Merz’s political rival, set Germany’s energy crisis in motion through abhorrent policies. Between the COVID lockdowns, then the Climate Change and NET ZERO regulations, on top of that, the Russian sanctions to cut off energy purchases, the most crucial economy within Europe has been sabotaged by the politicians who are mindless and lack any understanding of how the world economy functions, not to mention their own.

    On March 11, 2011, when an earthquake-triggered tsunami damaged the nuclear power plant in Fukushima, Japan, Chancellor Merkel and her cabinet held that nuclear power in Germany had to come to an end. It was a historic event and a historic decision (see Der Spiegel). The new green deal of Merkel quickly became bogged down in the details of German reality and the impracticability of the whole idea. The so-called Energiewende, the shift away from nuclear in favor of renewables, was a major project that was up there with Germany’s reunification.

    Germany was then heavily relying on coal, but government is aiming to phase it out by 2038, with some politicians believing it can be done by 2030. Germany officially closed its last nuclear power plant in April 2023, naturally, reliance on fossil fuels increased.

    NordStream

    Recall that in February 2022, former US President Joe Biden and then German Chancellor Olaf Scholz held a joint press conference where they subtly threatened Nord Stream 2, the continent’s main supplier of Russian oil. “If Russia invades, that means tanks and troops crossing the border of Ukraine again, then there will be, there will be no longer a Nord Stream 2,” Biden stated during the joint press conference with Scholz. “I promise you, we will be able to do it.” The neocons hailed the destruction a victory but the true victim was Germany. Biden admitted that there would be a “temporary” energy price increase due to Russian sanctions at the time. “Defending freedom will have costs for us as well, and here at home. We need to be honest about that,” Biden stated to deflect the blame. CNN even reported the decision as an economically masochistic act, “The West showed Tuesday it was ready to target Russia’s huge energy industry — even at the risk of hurting itself — after Moscow ordered troops into parts of eastern Ukraine.”

    Trump called Ukraine the wall between Russia and Europe and stated that America had become the “sucker country” by shelling out millions to Ukraine when they received far less in return. He warned Europe that their reliance on Russian imported energy would spell disaster and went as far as declaring that Germany was “totally controlled by Russia.” Instead of looking for energy alternatives, Germany went through with the Nord Stream 2 Pipeline and wasted billions as sanctions were implemented before the pipeline was fully functional.

    Germany now relies on expensive renewables through wind and solar for over 60% of energy demand. Oil drives 36% of demand currently, and while renewables are rapidly expanding, it remains to be seen whether Germany can run on 80% renewables by 2030. Merz is not advocating reopening the plants as “nuclear” fears have a chokehold on voters, but he is considering small modular reactors, which simply are not sufficient to meet demand. Bad policies can quickly cripple an economy.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    America’s Greatest Threat Is Internal Division

    July 3, 2026

    French Govt Regulated Air Conditioning Accessibility

    July 3, 2026

    Finland: Landing A Summer Retail Job Is Now Harder Than Getting Into Medical School

    July 3, 2026
    Top News
    Business 11 Mins Read

    7 Fun Team Building Activities for Teenagers

    Business 11 Mins Read

    Team building activities for teenagers play an essential role in enhancing social skills and communication.…

    TikTok creators say copycats are stealing scripts word for word

    February 13, 2026

    Behind the scenes at the Met Gala, this Olympian discovers she’s America’s sweetheart

    May 5, 2026

    This Adidas shoe was the common thread between those world record-breaking London Marathon runners

    April 27, 2026
    Top Trending
    Business 11 Mins Read

    The future of laser warfare may depend on hybrid trucks

    Business 11 Mins Read

    This article is republished with permission from Laser Wars, a newsletter about…

    Business 3 Mins Read

    Gen Z’s meager job prospects may not have AI to blame

    Business 3 Mins Read

    Gen Zers might not want to be too quick to blame AI—or…

    Business 3 Mins Read

    The government just launched Trump Accounts. Here’s who gets the free $1K

    Business 3 Mins Read

    This weekend, the Trump administration is planning to roll out one of…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    The future of laser warfare may depend on hybrid trucks

    July 3, 2026

    Gen Z’s meager job prospects may not have AI to blame

    July 3, 2026

    The government just launched Trump Accounts. Here’s who gets the free $1K

    July 3, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.