Less gas in Germany: It is not certain that the German industry will master the crisis

"The sanctions on Russia, as cold as that sounds, are giving the Americans and the Chinese competitive advantages, possibly for a long time. There is a real danger that things will not always go "nice" in Germany.

Necessity is the mother of invention. Of course, companies have reacted to the impending gas emergency. Of course, they have reconsidered their processes, changed the way the plants are heated, and combed factories to save gas. BASF had to spend 2 billion euros more on energy in the first half of the year. Of course, that's reason enough to do everything possible.

However, it is cheap to draw the conclusion from this that a gas embargo from the German side would have been possible because the industry always finds a solution in the end anyway. Not much more demanding than the Cologne saying "It would have been nice."

The industry itself is partly to blame for the fact that many people no longer believe its warnings. The alarmist rhetoric has deadened people. Anyone who stylizes the lack of tax incentives for research as the downfall of the West shouldn't be surprised if nobody listens anymore.

It cannot be taken for granted that the industry will master this crisis though. 

 

The sanctions on Russia, as cold as that sounds, are giving the Americans and the Chinese competitive advantages, possibly for a long time. 

 

There is a real danger that things will not always go “nice” in Germany.”