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October 6, 2021
There is no question that Germany is a European economic powerhouse and that Germans generally are innovators, but because they are increasingly being governed by leftists who are members in good [...]
October 4, 2021
The global energy crisis forced one German electricity producer to shut down its power plant last week after it ran ...
October 4, 2021
“When you subsidize something, you get more of it. RON PAUL I have a friend who once described Bitcoin to me as an organism which feeds on electricity subsidies. Bitcoin searches out the lowest cost of electricity available and consumes as much of it as it can to produce profit for the miners, since electricity costs are their biggest costs. This is partly why China, for years, attracted the lion’s share of Bitcoin mining. Miners could co-locate next to hydroelectric power plants in China an...
October 1, 2021
(Bloomberg) -- The global energy crunch forced a German electricity producer to halt a power plant after it ran out of coal. Steag GmbH closed its Bergkamen-A plant in the western part of the country this week due to shortages of hard coal, it said by email.
October 1, 2021
German utility Steag halted its coal-fired power plant Bergkamen-A after it ran out of hard coal supplies amid an energy crunch globally