Except the shutdown had no negative effect. There was no supply shock and prices keep trending down since (Though that of course doesn't mean because of). Let's keep it real. I can probably name worse German political decisions from this week.
Except the shutdown had no negative effect. There was no supply shock and prices keep trending down since (Though that of course doesn't mean because of). Let's keep it real. I can probably name worse German political decisions from this week.
Three things here:
* Didn't the diversion of natural gas to electricity generation end some German industrial production completely?
* Are there not large electricity subsidies in place via subsidies for US imported LNG?
* Isn't the alternate reality where there is a surplus of electricity in German due to nuclear power a better world where Germany has more opportunity? (the AI datacentre boom is built on excess electricity, isn't it?)
* There were multiple tax reductions and I think some are in the talks now. Those were independent (and before) the nuclear shutdown.
* Probably. Nuclear should have been shutdown after gas, coal etc. I am with you on that. But the ship had already sailed long ago, before the last three plants were shut down.
[1] https://www.iwh-halle.de/fileadmin/user_upload/publications/...
It seems like the statement "No negative effect" is probably not well supported by subsequent events.