Habeck's 12 billion euros: subsidies under sharp criticism!

Habeck's 12 billion euros: subsidies under sharp criticism!

Lubmin, Deutschland - The subsidy policy of Robert Habeck, the Federal Minister of Economics and Climate Protection, is under sharp criticism. According to Merkur noted Veronika Grimm that the provided 12 Billions of euros for green projects from 31 companies, including large names such as BASF and Bosch, are not expedient. Grimm demands that politics should focus more on its core tasks instead of intervening in the economy. In their opinion, some projects have only hesitated, while others even failed. The concerns vibrate to the question of whether such subsidies can secure the competitiveness of the German economy in the long term.

nationalization and new structures in energy supply

In a further connection to the energy supply, Nordkurier that the Federal Ministry of Economics, due to the regional energy crisis, has been increasingly sent by the war in Ukraine, one of its employees. GASCADE is the operator of the crucial gas pipes in Germany, which used to transport gas from Russia. The nationalization of the former Gazprom subsidiary Gazprom Germania shows how critical the situation of German energy security is. The Federal Government has thus taken direct influence on the gas supply and reacts to the challenges of energy safety, especially in the context of the expansion of an LNG infrastructure.

The management of the company now has the ambitious goal of completing the Baltic Sea connection line by the end of 2023 in order to connect the planned LNG terminal on Rügen. These developments are part of the critical efforts to restructure Germany's energy supply, while at the same time the state has long intervened in this sector. GASCADE plans to convert the existing gas network for the transport of future technologies such as hydrogen, which will significantly influence the course for future energy policy in Germany.