Germany says tschüss to nuclear energy

Briefly: Germany switched off its three remaining nuclear power plants on Saturday. The reactors were already living on borrowed time after being granted a three-month extension in December to see Germany through the winter.

Berlin made the decision to abandon nuclear in 2011after Japan’s Fukushima disaster, but a decade and a war later, many now think this was near-sighted.

A recent poll suggests two thirds of Germans oppose the closing down of the remaining nuclear power plants, at least in the short term.

Intrigue’s take: Germany may be in good company: nuclear’s share of global electricity production has been steadily declining for the past two decades, as other low-carbon energy sources become cheaper.

But in parallel, several of Germany’s neighbours – spooked by the Russo-Ukraine War – are actually looking to add more nuclear power to their energy mix, as a means to pursue both climate and energy security goals.

Also worth noting:

Latest Author Articles
Youtube blocks protest song in Hong Kong after court order

US-based video platform YouTube has geo-blocked a protest song in Hong Kong following a court order.

16 May, 2024
China looks to ultralong bonds and beyond to revive its economy

China’s Ministry of Finance confirmed yesterday (Monday) China’s latest move to boost the world’s second-largest economy: the sale of $140B in ultra-long bonds. It delivers on a commitment Premier Li Qiang made in March.

14 May, 2024
TikTok sues the US government

TikTok and its China-based parent company ByteDance have filed a lawsuit against the US government – it’s an attempt to block a divest-or-ban order that could spell the end of the social media giant’s presence in the US. 

9 May, 2024
The OECD is cautiously optimistic

Today we’re doing what we do best: wading through 200-something pages of turgid prose and acronyms to get you what you need to know.

3 May, 2024