| Pages in topic: < [1 2 3 4 5 6 7] > | Prices and inflation Thread poster: Peter Motte
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Jan Truper 
Germany
Local time: 05:27
Member (2016)
English to German
Novian Cahyadi wrote: Jan Truper wrote:
I'm one of the "green people" in Germany
I'm one of the green people, too. So I ask: why is Germany shutting down their nuclear reactors and hippity hoppity went back to coal energy?
Germany's decision to phase out nuclear power was made in 2000 by a coalition of Social Democrats and Greens, based on arguments such as this:
https://en.wikipedia.org/wiki/Anti-nuclear_movement#Concerns_about_nuclear_power
The phase-out was expedited by Chancellor Angela Merkel in 2011, in reaction to the Fukushima disaster (https://en.wikipedia.org/wiki/Fukushima_nuclear_disaster).
By the way, the German Green Party pretty much emerged from the anti-nuclear movement.
For me personally, the fact that there is no viable solution for radioactive waste makes nuclear power an absolute no-go.
And what a coincidence: I am currently translating a documentary about the 1979 accident in the US nuclear power plant Three Mile Island and subsequent cover-up efforts.
| | | | Mr. Satan (X)
English to Indonesian
| Coal vs. Nuke | Feb 24, 2022 |
Jan Truper wrote:
For me personally, the fact that there is no viable solution for radioactive waste makes nuclear power an absolute no-go.
I totally get your point. But between coal and nuclear energy, the former pumps more CO2 emission to the air. Going back to it would be counterproductive now, wouldn't it?
| | | | Jan Truper
Germany
Local time: 05:27
Member (2016)
English to German
Novian Cahyadi wrote:
I totally get your point. But between coal and nuclear energy, the former pumps more CO2 emission to the air. Going back to it would be counterproductive now, wouldn't it?
They are both horrible options, which is why renewables are the only way forward.
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Paul Lambert wrote:
No. Inflation is, by definition, is the increase in the money supply. A general rise in prices is the result of inflation.
Not blaming you for the confusion either. This matter is very, very poorly discussed in the mainstream.
IANAE but that doesn’t stack up. Inflation is the process of getting bigger. Price inflation is prices rising. End of. The causes may vary.
An increase in the money supply is an increase in the money supply. The extra cash may or may not be spent on stuff, pushing up prices.
Your use of “mainstream” worries me. Am I a sheeple?
Either way, prices haven’t risen due to QE but because of Covid, Ukraine, Suez etc.
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Mr. Satan (X)
English to Indonesian
| I agree, but... | Feb 24, 2022 |
...until we reach the point where renewables have the same/better cost efficiency compared to fossil fuels, we need to fill-in the gap to provide us enough electricity. The fact that Germany (and perhaps other countries) switched back to coal only shows that the cleaner alternatives couldn't keep up with our energy consumption yet. And among all the options we currently have, nuclear energy is the lesser evil.
While we may not be doing a very good job at nuclear waste management, at... See more ...until we reach the point where renewables have the same/better cost efficiency compared to fossil fuels, we need to fill-in the gap to provide us enough electricity. The fact that Germany (and perhaps other countries) switched back to coal only shows that the cleaner alternatives couldn't keep up with our energy consumption yet. And among all the options we currently have, nuclear energy is the lesser evil.
While we may not be doing a very good job at nuclear waste management, at least we can contain it to some degree. On the contrary, if the North and South Poles completely melted, we're screwed. And they are melting fast.
Ignoring minor disagreement aside, at least we both agree that fossil fuels need to die, immediately.
Jan Truper wrote:
They are both horrible options, which is why renewables are the only way forward.
[Edited at 2022-02-24 13:06 GMT] ▲ Collapse
| | | | | You are not very well... | Feb 24, 2022 |
Novian Cahyadi wrote:
.... The fact that Germany (and perhaps other countries) switched back to coal only shows that the cleaner alternatives couldn't keep up with our energy consumption yet. And among all the options ]
... informed, I'm afraid:
Germany did not "switch back" to coal. Coal fired thermal power plants never were switched off completely, that's all.
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Jan Truper wrote: Gerard Barry wrote:
It's like all the "green people" here in Germany: they're usually high earners and don't seem to care that poorer people might have difficulty heating their homes thanks to Germany's obsession with expensive renewable energy. I'm one of the "green people" in Germany, and I care (so do most other "green people" I know, by the way, as they tend to be rather empathetic). Please tone down your baseless slander.
Oh I don't think Green voters are more empathetic than anyone else. In fact, I don't think that a person's voting preferences have anything to do with character traits like empathy and so on. But I do think it is fair to say that the average Green voter earns an above-average salary and therefore isn't as affected by inflation as less well-off people are.
| | | | IrinaN
United States
Local time: 22:27
English to Russian
+ ...
their parents do
Gerard Barry wrote:
... the average Green voter earns an above-average salary .
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IrinaN wrote: their parents do Gerard Barry wrote:
... the average Green voter earns an above-average salary .
Yes, absolutely. It's very easy to be "idealistic" when Mommy and Daddy are both well-paid professionals.
| | | | Paul Lambert
Sweden
Local time: 05:27
Member (2006)
Swedish to English
+ ...
Ice Scream wrote: Paul Lambert wrote:
No. Inflation is, by definition, is the increase in the money supply. A general rise in prices is the result of inflation.
Not blaming you for the confusion either. This matter is very, very poorly discussed in the mainstream. IANAE but that doesn’t stack up. Inflation is the process of getting bigger. Price inflation is prices rising. End of. The causes may vary. An increase in the money supply is an increase in the money supply. The extra cash may or may not be spent on stuff, pushing up prices. Your use of “mainstream” worries me. Am I a sheeple? Either way, prices haven’t risen due to QE but because of Covid, Ukraine, Suez etc.
I have explained it in as a straightforward a way as I can. Those of you who want to argue with me or choose to misunderstand will do so without me.
I am ending my participation in this thread now since this discussion is about to go off on a tangent.
The rest of you knock yourselves out.
[Edited at 2022-02-24 21:35 GMT]
[Edited at 2022-02-24 21:37 GMT]
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Gerard Barry wrote:
Sorry but you did say that you were against employers giving their workers pay rises. And as for less well-off people having their bills subsidised "somehow", do you mean by the state? That might mean governments raising taxes and/or incurring more debt. No thanks. Let employers - at least the ones that can afford it - pay their workers a living wage.
Sorry, missed that before, it’s all out of sync. No I really didn’t say that. Raising wages has all kinds of knock-on effects is all. Obviously people should be paid a fair wage.
It needs to be government subsidising the poor because the ones who are struggling are generally not working.
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Paul Lambert wrote:
I have explained it in as a straightforward a way as I can. Those of you who want to argue with me or choose to misunderstand will do so without me.
I am ending my participation in this thread now since this discussion is about to go off on a tangent.
The rest of you knock yourselves out.
[Edited at 2022-02-24 21:35 GMT]
[Edited at 2022-02-24 21:37 GMT]
That’s a shame. I was looking forward to finding out more about this idea and/or where it’s from.
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Mr. Satan (X)
English to Indonesian
| Ah, so that's how it is. | Feb 25, 2022 |
Matthias Brombach wrote:
You are not very well informed, I'm afraid:
Germany did not "switch back" to coal. Coal fired thermal power plants never were switched off completely, that's all.
Thanks for confirming, Matthias. My source of information regarding this matter mostly came from Texas. So it's nice to have actual Germans explaining the issue.
Would you be so kind and give a link to back your statement? Any language is fine. I may bring it in my next powwow, depending on the content itself.
| | | | Tom in London
United Kingdom
Local time: 04:27
Member (2008)
Italian to English
| For anyone who wants serious discussion about the problem of nuclear waste | Feb 25, 2022 |
Here's an interesting read.
"Holding in the deep: what Canada wants to do with its decades-old pileup of nuclear waste"
https://thenarwhal.ca/nuclear-waste-ignace-bruce/
| | | | | Because you were first ... | Feb 25, 2022 |
Novian Cahyadi wrote: Matthias Brombach wrote:
You are not very well informed, I'm afraid:
Germany did not "switch back" to coal. Coal fired thermal power plants never were switched off completely, that's all. Thanks for confirming, Matthias. My source of information regarding this matter mostly came from Texas. So it's nice to have actual Germans explaining the issue. Would you be so kind and give a link to back your statement? Any language is fine. I may bring it in my next powwow, depending on the content itself.
... I'll be waiting for the source you quoted from. Meanwhile, you are free to study the following article about the situation for Germany in general concerning coal-fired power plants:
https://de.wikipedia.org/wiki/Kohleausstieg#Deutschland
In English I could provide the following source:
https://en.wikipedia.org/wiki/Coal_phase-out#Germany
(see point 1.4.6)
Hope, that helps so far.
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