Will Germany tolerate deindustrialisation or join the Global Security and Development Initiative?
By Stephan Ossenkopp, Analyst and journalist, Schiller Institute, Berlin, Germany
Vienna Security Round Table „Security Policy Challenges for Europe in 2023“
Germany is currently on a path of isolation and destruction. If this sounds overly dramatic, let me put some of the elements in perspective.
In the energy sector, competitively priced natural gas and oil from Russia, coupled with reliable German technology in nuclear, coal and gas-fired power plants, has allowed Germany to enjoy a systemic advantage that has made possible a broad productive middle class, high-quality export products and a world-class industrial base. But with the energy transition – the phase-out of nuclear power, the planned phase-out of coal and gas, and the boycott of cheap Russian energy imports – this advantage has completely evaporated. No matter how many solar panels and windmills the government mandates.