On Monday this week something peculiar happened in the European natural gas market: the spot price went negative. That is, traders were paying other traders to take contracts for gas deliveries off their hands. EU energy prices are artificial! There is no scarcity. This is a planned strike on the EU
(media.greatawakening.win)
🗣️ DISCUSSION 💬
So, in Germany, the Greens put a bill through the Bundestag that would put a 90% windfall profit tax on every Euro of energy profit.
They've all but nationalized the electricity market in Germany. It's a cost-plus model. Two days later, the Netherlands and France walked away from the Energy Charter Treaty, a treaty that basically prevented any attacks on energy companies through legislation. They could craft all the climate legislation they wanted, but it couldn't overtly harm energy investors. I think both are about to do what Germany has just done.
Davos has been trying to make conventional sources of energy uninvestable, and I think this is their big move towards that.