Germany passes impossible “green” heating legislation that will cost economy $1 TRILLION

Geopolitical Trends, w/Dr. David Oualaalou

The left-wing government of Germany has passed a controversial new “green” heating law that will force at least 65 percent of all new installed heating systems to be “renewable” energy.

Germany passes impossible “green” heating legislation that will cost economy $1 TRILLION

Related:

Germany Heating Law: How the Building Energy Act Became So Controversial

“If we really want to tackle climate change, the state has to interfere more in what had been private issues because we have to change our behavior,” Römmele said.

Germany mandates switch to heating via renewables with Building Energy Act amendment

The focus of the amendment is on new heating systems, as these are used for an average of 20 to 30 years and the government wants to ensure they are low carbon from the outset. Existing heating systems, however, can continue to be operated as before. This is a compromise reached in the legislative process to mitigate the economic hardships otherwise caused by the amendment.

Railway planned as part of India – Middle East – Europe Economic Corridor

ASIA: Ambitions to develop an India – Middle East – Europe economic corridor with sea transport from India to the Gulf region and a railway linking Middle Eastern countries with each other and to Europe were announced at the G20 summit in New Delhi.

Railway planned as part of India – Middle East – Europe Economic Corridor

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FACT SHEET: World Leaders Launch a Landmark India-Middle East-Europe Economic Corridor

Neo-Con study: Why a New Black Sea Strategy is in the U.S. Interest + The Middle Corridor