Swedish government tells citizens to build “indoor blanket huts” this winter to avoid freezing to death

The Scandinavian country of Sweden is bracing for an energy disaster this winter as supplies run short amid the crisis in Ukraine. Following a dry and windless summer, Sweden’s “renewable” energy supplies are dismal. Its nuclear power facilities are also not yet ready to supply energy, which means a lights out scenario is soon possible. As inflation skyrockets, many … Continue reading Swedish government tells citizens to build “indoor blanket huts” this winter to avoid freezing to death

TOO BIG TO FAIL? European governments start bailing out energy companies to prevent total collapse

Financial contagion is sweeping through the European energy markets, which are massively overleveraged and ripe for a collapse. Governments in Germany, Austria, Sweden and elsewhere are trying to stuff chewing gum into the gaping holes of the sinking Titanic by bailing out energy companies, which can no longer cover their payments now that Russian oil and gas … Continue reading TOO BIG TO FAIL? European governments start bailing out energy companies to prevent total collapse

Germany’s energy collapse hastens as major power plant runs out of hard coal because country depends largely on Russian gas and good weather for power

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 standing in the ‘Church of Climate Change,’ the country has staked its power future on all the wrong things. For one, Germany — against the advice of former … Continue reading Germany’s energy collapse hastens as major power plant runs out of hard coal because country depends largely on Russian gas and good weather for power