Energy
The economic powerhouses of the European Union, France and Germany, both set records on Friday for electricity prices, as the West’s sanctions war with Russia continues to bite.
This time last year the cost of electricity per megawatt-hour (MWh) in both France and Germany sat at around 85 euros. On Friday, both countries set record highs, with the cost climbing by at least 1,000 per cent from last year to €850 in Germany and over €1,000 in France, Le Monde reports.
While the price of energy has been rising since the end of the lockdown measures across the world last summer, Europe, and Germany in particular, have been subject to soaring prices as a result of slowing flows of gas from Russia following the sanctions clash following the February invasion of Ukraine, with many thermal power plants using natural gas to generate electricity.
Despite longstanding warnings from figures such as former President Donald Trump, Germany has remained heavily reliant on Russia for gas while it has pursued so-called green energy sources and shut down nuclear power stations.
Though Russia has claimed that the current shortfalls in gas shipments have come as a result of technical issues with the Nord Stream 1 pipeline, others have suggested that it is a retaliatory strike in response to sanctions levied against Moscow.
France, which unlike Germany has not abandoned nuclear power, has still been impacted by the gas price shocks, and is currently suffering from significant maintenance problems with its nuclear power sector. Currently, only 24 of 56 nuclear reactors owned by the state-owned Électricité de France (EDF) electricity company are operational due to issues with corrosion, driving French electricity production to a historic low.
The energy crisis is showing no sign of abating, with futures traders already trading French energy prices at a staggering 1,600 euros per megawatt-hour for December.
Warnings have emerged from the two leading economic engines of the European Union that widespread unrest will result from the rising cost of energy.
This week, French president Emmanuel Macron dubbed the situation as the “end of abundance” and a “great upheaval” in which citizens may “may react with great anxiety”.
Just days prior the former Rothschild banker came under fire for rank hypocrisy after he was pictured jet-skiing while on holiday in the French Riviera, right after he had called on the public to engage in an “effort of solidarity” and cut their energy usage.
In Germany, the Interior Minister for the German state of North Rhine-Westphalia, Herbert Reul, issued a stark warning to those who may protest the government’s failures in preventing the energy crisis, branding potential demonstrators as the new “enemies of the state“.
Earlier this month, the President of the Thuringian Office for the Protection of the Constitution, Stephen Kramer, predicted that the gas shortage riots will make anti-lockdown protests look like a “children’s birthday party“.
Meanwhile, Petr Fiala, the Prime Minister of the Czech Republic, which currently holds the presidency of the European Union, called on Friday for an emergency meeting of the bloc to make further preparations for the winter,
“We are in an energy war with Russia and it harms the entire EU,” said Czech Minister of Industry and Trade Jozef Sikela.
I just got a letter from my electric company stating that my bill will now double each month
No explanation.
Double???!!!!!
The people have to start removing these tyrants from their thrones. Otherwise, they are committing suicide.
This was all set in motion when the DS / Cabal succeeded in taking the 2020 election by fraud and installing the geriatric pant-shitting idiot actor.
I believe a major portion of normies who can be awakened and red-pilled are there … there may be some who aren’t convinced yet and are hard holdouts, although it’s mind-boggling why, with everything that’s happening in their faces. Can’t say much for their lack of common sense and logic … maybe they’d rather bitch about their electric bills, gas and food prices, their children walking in the door from school carrying an LGBTQRXYZ flag and haven’t been car-jacked … yet.
You can bet your last dollar (for what it’s worth right now) that there are BILLIONS of world citizens wishing something would happen here that would save them. No country in the world has a snowballs’ chance of reversing their course – it’s all up to us.
Some of them may even know more about what’s happening than American normies.
I’m anxiously waiting for the military tribunals and hangings to commence. I know I’m not alone.
Right now in my mind I’m seeing Samuel Jackson in “Pulp Fiction” when he said, “Vengeance is mine sayeth the Lord”.
NCSWIC