climate

Just in time for the upcoming climate conference in Marrakech, Germany’s council of economic experts, the Sachverständigenrat, is appealing to the government to change tactic towards a global climate policy. Germany’s energy transition is beyond reform.

The experience of dealing with Russia over the past 200 years has taught us that the only thing Russia respects is power; and we will only have power if we stay close to our friends. However, soon thereafter any such pragmatism was once again forgotten and we now continue living with our illusions as if nothing has happened.