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.

This is not a race

When Emmanuel Macron complained to Biden that the Inflation Reduction Act will hurt European businesses I made fun of him. I made fun of all the European politicians who complained about the IRA because, really, it has always been pathetic to assume someone other than yourself should take care of you and your strategic interests because you’re friends.

This is not a race (original)