We talked about this yesterday. Now, Charles Kennedy weighs in.
From the linked article:
According to Agora’s calculations, only about 15% of the CO2 volumes saved last year constitutes permanent emissions reductions resulting from additional renewable energy capacity, efficiency gains, and the switch to fuels that produce less CO2 or other climate friendly alternatives.
“About half of the emissions cuts are due to short-term effects, such as lower electricity prices, according to the analysis,” the think tank said, noting that “most of the emissions cuts in 2023 are not sustainable from an industrial or climate policy perspective - for example, if emissions rise again as the economy picks up or if a share of Germany’s industrial production is permanently moved abroad.”
“We don’t consider the emissions reductions seen in the industrial sector to be sustainable. The drop in production due to the energy crisis weakens Germany’s industrial base,” said Simon Müller, director of Agora Energiewende Germany.
I measure the health of a country's economy by the energy it uses. From twitter today, this is not a good news story:
Apparently, so do others, link here:
Price of natural gas in Germany, "at the border":
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