Business conditions in Germany have created a "cocktail" of obstacles for companies, according to Siegfried Russwurm from the German Industry Federation.
I remember reading they were shutting down nuclear power nationwide however many years ago and thinking that was a big mistake. Yes nuclear currently produces a lot of waste material that we have to store, but it’s still one of the cleanest and safest energy sources we have as a species.
Consumer prices are gradually decreasing since the turn off on April 15, the stock price was lower for a while and now rose because of gas. This is the main driving factor.
As to be expected. By political initiative, they shut down their nuclear power a while back
I remember reading they were shutting down nuclear power nationwide however many years ago and thinking that was a big mistake. Yes nuclear currently produces a lot of waste material that we have to store, but it’s still one of the cleanest and safest energy sources we have as a species.
An immediate google search says that the US generates 4 cubic metres of waste annually. It’s not even that much 🤷
Nuclear had nearly no effect on the energy prices in germany. Here is an overview: https://www.zeit.de/wirtschaft/energiemonitor-deutschland-gaspreis-spritpreis-energieversorgung?utm_referrer=https%3A%2F%2Fduckduckgo.com%2F
Consumer prices are gradually decreasing since the turn off on April 15, the stock price was lower for a while and now rose because of gas. This is the main driving factor.