#LondonCalling: #Germany: Balance sheet facts and Net-Zero aspirations. @JosephSternberg @WSJOpinion
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 6 December 2023
⏱️ 15 minutes
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Summary
#LondonCalling: #Germany: Balance sheet facts and Net-Zero aspirations. @JosephSternberg @WSJOpinion
https://www.wsj.com/articles/berlin-gets-honest-about-what-net-zero-will-cost-energy-climate-prices-economy-145430ac
August 1961 Berlin
Transcript
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| 0:00.0 | Go bananas at the grocery store this Christmas with just eat with up to 50% off your festive favorites at |
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| 0:11.0 | From hot chocolate to mince pies. |
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| 0:15.0 | Christmas, it's in the bag. |
| 0:17.0 | Did somebody say just hit? |
| 0:21.0 | Participating stores only. Discount automatically applied to the menu. |
| 0:24.8 | Off a valid 4th to 24th of December. T's and C's apply. See full T's and C's at just |
| 0:29.1 | eat. code at UK. This is a CBS, I am the world. I'm John Bachelor. Net Zero, the ambition of all countries we're told at COP28. Net Zero Buy fill in the date. Boris Johnson famously |
| 0:50.1 | promised Net Zero at COP26 in Glasgow, now two years later COP28 in the Petrostate of the |
| 0:58.0 | UAE, is holding up Net Zero as an ambition for all countries participating, especially Germany. |
| 1:07.8 | Why, Germany is the leader of the EU, Germany is looked upon as the leader of NATO absent the US. |
| 1:15.0 | Germany is the powerful manufacturing and banking center of Germany. |
| 1:19.0 | And I learned from Joe Sternberg, |
| 1:21.0 | Joseph Sternberg is a member of the |
| 1:23.0 | editorial board of the Wall Street Journal and writing political economics based in |
| 1:27.4 | London that Germany's in trouble. Boy this trouble is so big I can't come up with a summary. |
| 1:33.6 | Joe, a very good evening to you. |
| 1:35.8 | Net Zero is Germany's ambition. |
| 1:38.7 | To achieve that, they've constructed, among others others a special fund to borrow against that won't be |
| 1:47.4 | put on the on the balance books and therefore that they can comply with the European Union mandate that you stay within a |
| 1:56.1 | certain amount in borrowing when you make your appointment, when you make your report in May of each |
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