Russian Gas & Germany's War on Nuclear: EU Energy Realpolitik feat. Mark Nelson
The European Union finds itself at an energy crossroads. Germany, the economic powerhouse of Europe, has been rushing to shut down its nuclear plants as quickly as possible while leashing itself to Russian natural gas via the Nordstream 1&2 pipelines. France's nuclear electricity infrastructure is being eroded through premature political closures and taxes on ultra low carbon nuclear to pay for gas backed renewables which is enticing de-electrification. Green taxonomies are being contorted to favour the financing of fossil gas and punish nuclear. The geo-political implications of the control of the master resource of energy is leading to a revival of nuclear energy, recently with US funding, as smaller EU countries like Poland, Romania, Finland, Czechia and others seek to maintain energy independence in the face of Russian and German influence. Energy analyst Mark Nelson breaks down this great game for the control of Europe's energy future with his usual verve and deep knowledge of the players and history.
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