Germany:Finance expert Dr. Markus Krall: “Climate policy is already expropriation”

The planned ban on Habeck’s oil and gas heating systems is already expropriation, emphasizes Dr. Markus Krall. Pensioners who had saved up for their own home all their lives could not afford the prescribed conversions.

From AUF1

By AUF1 editorial team

The planned ban on Habeck’s oil and gas heating systems is already expropriation, emphasizes Dr. Markus Krall. Pensioners who had saved up for their own home all their lives could not afford the prescribed conversions.

“Every time you think that politicians can’t think of anything else to further impair the prosperity of citizens and to continue to bully and patronize them, politicians come up with new ideas,” says financial expert Dr. Markus Krall in an interview with AUF1.

Watch the whole broadcast “Dr. Markus Krall: ‘Climate policy is already an expropriation‘” here:

“Dr. Markus Krall: ‘Climate policy is already an expropriation'” – Bernhard Riegler in conversation with Dr. Markus Krall

“Decadent is not an expression of it at all”

The forced conversion of heating systems will cost around 1,000 billion euros. At the same time, many millions of tons of CO2 would be generated.

“It is not the habit of our politicians in Berlin to calculate these things,” emphasizes Markus Krall. Politicians are “persuaded to do something by lobbyists and then enforced by force – regardless of the losses”.

Saving for years – without possessions in old age

With Habeck’s heating plans, more than a trillion euros are to be taken from the people – that’s a third of the gross national product! People who have designed their retirement savings for their own property are forced to make immense expenses. To do this, they would need five- or six-figure loans – if they can still get them at all. And even then, they wouldn’t be able to pay them off. “That’s already an expropriation,” says Dr. Markus Krall.

“Expropriation has already taken place”

The expropriation of citizens has already taken place in Germany, says the financial expert. Real estate transactions have fallen by 60-90%, and in some regions by more than 90%. And some banks have not granted a single mortgage loan for 8 weeks.

Are German citizens fighting back?

However, German citizens would only defend themselves when it is already too late, Markus Krall fears. “I don’t expect such a turnaround until the pain caused by an economic catastrophe in this country becomes so great that even the last one feels it.”

Woe to the victors

Woe to the victors

From KlimaNachrichten Redakteur

Possibly the most ruthless reckoning on the nuclear phase-out has been delivered by historian Anna Veronika Wendland to the Salonkolumnisten. 

“The last knocker was again Habeck, who let the astonished German audience from Kiev know that the Ukrainians would of course use nuclear energy, because there was nothing wrong with that, as long as the plants were operated safely, “and these things are built”. This is what the man says in the face of the scrapping of currently three, a total of two dozen German plants, which were or are also “built” and have always been operated safely; otherwise, they would not have received their start-up permits from the nuclear regulator after each annual inspection. Unlike Ukraine, we have never experienced a reactor accident in our own country, and no one has ever been harmed by the nuclear waste that is peacefully stored in blue Castor containers in bunkered halls next to our nuclear power plants.  

With this statement, Habeck also spat one last time in the face of the German nuclear engineers, who can look back on an excellent international record and who, together with their power generation world champion plants, are being chased off the farm like dogs. Needless to say, none of the champagne drinkers cheering on the so-called “shutdown-proof” on April 15 will bother to mention the balance of these plants, which consists not only of nuclear waste, but of hundreds of billions of kilowatt hours of clean and cheap electricity, tens of thousands of people saved from the death of air pollution, tens of billions of tons of CO2 avoided.” 

Why has there been so much talk about nuclear energy in the social media lately? Quite simply, a majority of Germans are now against the phase-out, as reported by ARD-Deutschlandtrend. 60% rejection of the phase-out is a clear language. Of course, politicians from the CDU/CSU and the FDP also know this. And that is why they are now weeping over the end of nuclear energy, even though they disagreed in previous votes. The Ruhr barons (Ruhrbarone)  comment in particular on the FDP’s stance on energy policy.

“This is not the first time that the FDP is trying to give the impression that it is against the policies of the federal government, to which it itself belongs: when Christian Lindner (FDP) appeared in front of the cameras after the never-ending coalition talks, he gave the impression that anyone whose gas heating system breaks down in the coming year can replace it with a model, that does not have to be operated with hydrogen, but only in the technically capable of being operated with hydrogen.  

This is not the case, Business Insider clarifies: “The amendment to the Building Energy Act planned by the traffic light does not stipulate that owners of gas or oil heating systems must replace them immediately. It’s just that from January 2024, 65 percent of newly installed heating systems will have to be powered by renewable energies.” Whether Lindner deliberately lied or was simply too stupid to understand what he was negotiating, only he alone will know. If the latter is the case, probably not even that.” 

The public service media also play a peculiar role in this matter.
Now the ARD magazine Plus-Minus has apparently recognized that it can have an impact if Germany no longer has enough energy to produce or if energy becomes very expensive. The Wälzholz company is cited as an example. There, thoughts about energy play a very important role for the company. Outcome uncertain. Fritz Vahrenholt outlined the role of energy and its importance for industry in his lecture on the occasion of the conference “Save the Industry” on 19.01.2023. This month, the Auweiha Award for the weirdest statement in terms of phasing out nuclear energy goes to Katrin Göring-Eckart, a member of the Green Party. Die Welt:

Bundestag Vice-President Katrin Göring-Eckardt (Greens) expects electricity prices to fall in the future despite the nuclear phase-out. “The price of electricity will of course become cheaper the more renewables we have,” Göring-Eckardt told broadcaster MDR Aktuell on Tuesday. “Wind and sun, we always get them for free. That’s where we need the plants and the grids, and that’s why that’s the crucial thing.” Nuclear power, on the other hand, is “expensive, both in manufacturing, in production, and afterwards.”

We pause for a moment: For 20 years, the share of renewable energies in electricity production in Germany has been increasing. Why hasn’t the price fallen during this time? Why does electricity from wind and sun cost money at all?

Germany’s Renewable Heating Plan To Cost Many Times More Than Expected: 776 Billion Euros!

Instead of 132 billion euros cost by 2045 for citizens, the real price tag will be a whopping 621 billion euros!

From NoTricksZone

By P Gosselin on 11. April 2023

Germany’s heating debacle takes on even greater dimensions

The Federal Ministry of Economics, headed by Robert Habeck (Green party) has “GROSSLY MISCALCULATED” the cost of removing oil and gas heating systems from homes and buildings, and installing heat pumps in their place by 2045.

Germany’s heat pump cost estimate is spiraling out of sight!

Instead of 132 billion euros cost by 2045 for citizens, the real price tag will be a whopping 621 billion euros!

The total real price tag for all buildings will be 776 billion euros.

“According to calculations by the property owners’ association Haus & Grund, Minister Habeck and his ministry have miscalculated by several hundred billion euros,” reports the German online Pleiteticker.de here.

Habeck’s Federal Ministry of Economics estimated the costs for homeowners at around 135 billion euros by 2045, however “citizens will have to pay many times the calculated costs.”

The president of Germany’s property owners’ association, Kai Warnecke, told Bild newspaper, “The target is 500 000 new heat pumps a year, at an average cost of 40,000 euros per heat pump.” But the real number would have to be 1.5 million heat pumps each year if Germany wishes to reach its stated 2045 target.

Another huge mistake made by Habeck’s Ministry is forgetting that heat pumps have a lifetime of only 20 years, so already by 2045 the pumps will need to begin being replaced. Habeck pledges to support citizens in replacing their oil and gas heating systems, but provides no details on the plan.

Kai Warnecke warns of the huge costs in the pipeline for Germans: “If we assume that about 80 per cent of the buildings are in the hands of the citizens, they will have to pay about 620.8 billion euros of the total 776 billion euros.”

Already critics are calling the proposed bill incoherent and the feasibility of the project to be non-existent. Many homeowners are already struggling financially from high electricity prices and inflation.

More than 1 trillion euros for a statistically insignificant climate benefit

And when the costs of extensive home renovation get added in, the total price tag soars to well over a trillion euros. Yet, the impact on the globe’s temperature from Germany’s planned contribution will be statistically insignificant.

Fritz Vahrenholt: The heat pump disaster

Where the Federal Government derives a future cost advantage from remains a mystery, because it pursues a policy of electricity shortages.

By KlimaNachrichten Redakteur

Dear Sir or Madam,

In March 2023, the deviation of global temperature from the 30-year average of satellite-based measurements by the University of Alabama (UAH) increased slightly to 0.20 degrees Celsius (see graph above). The average temperature increase per decade since 1979 is only 0.13 degrees Celsius.

The heat pump disaster

At first, one had the impression that after the nightly negotiations of the coalition committee on 28.3.2023, the worst had been prevented as far as the planned intervention of the Greens in the boiler room of the Germans was concerned.

But now that the federal government’s draft law has been sent for hearing, it is clear that the Greens have prevailed across the board and the FDP has allowed itself to be ripped off.

It remains the case: From 1.1.2024 an installation of an oil and gas heating is no longer possible.

The possibility granted by the Federal Government to have a new gas heating system installed for three years in the event of an accident/total failure of the heating system is really not an alternative, because who installs a new gas heating system for 3 years and then has it replaced by a heat pump after three years?

“The aim of the law is to make a significant contribution to achieving the national climate protection targets,” it says in §1 of the draft law.

As Prof. Ganteför was able to show in his remarkable video, replacing a gas heating system with a heat pump does not bring any CO2 relief in today’s electricity generation mix. It’s hard to believe.

According to estimates of the draft law, the federal government plans to burden citizens with costs of 45 billion over the next five years and it is a CO2 deceptive package? The electricity mix of the last 12 months had CO2 emissions of 0.517 kg CO2 per kWh. This will be even worse after 15.4.2023, when the last 3 CO2-free nuclear power plants are shut down and have to be replaced by increased coal and gas power use.

The CO2 emission of a gas heater is 0.16 kg per kwh. A heat pump with a usual efficiency of COP = 3 (COP = Coefficient of performance) turns 1 kWh of electricity into 3 kWh of heat.

To compare a natural gas heating system with a heat pump, you have to divide the CO2 footprint of a kWh of electricity by 3. That’s 0.172kg/kWh. At low temperatures in winter, the heat pump can also drop to a COP of 2.5. Then the balance is even worse. At COP 3, the heat pump emits more CO2 than a natural gas heating system and at COP 2.5 even almost as much as an oil heating system. (see chart, all figures from Ganteför, the source of CO2 emissions of the electricity mix is here)

No CO2 savings, but insanely high costs


I am not against the technology of the heat pump. It is a suitable heat supply option for new buildings or for houses with a low heat supply (underfloor heating).

However, this technology must not be imposed on citizens with the argument that it would contribute to CO2 reduction in the foreseeable future. In the draft law of the Federal Government, the burdens on citizens in the next 5 years are compared with savings of a similar amount in the following 18 years.

However, this milkmaid calculation will only work if electricity prices fall and gas prices rise over the next 20 years. If it happens the other way around, the citizen pays massively on it.

Today’s price comparison already shows this. The gas price is 10 €ct/kWh and the electricity price is 40 €ct/kWh. 40 €ct/kWh corresponds to 3 €ct/kWh gas price at COP13. Gas heating is therefore cheaper today than a heat pump. Cost equality arises if you set up your own electricity meter for the heat pump, then the electricity today costs about 30 €ct/kWh.

Where the Federal Government derives a future cost advantage from remains a mystery, because it pursues a policy of electricity shortages. After the shutdown of the nuclear power plants in April 2023, 2024,10 MW of coal-fired power plants are to be taken off the grid in April 000.

In my book “The Great Energy Crisis”, I calculated that the expansion of wind and solar in winter will not help us in a dark doldrums. For this reason, the head of the Federal Network Agency has already declared e-charging stations and heat pump connections to be switched off at any time in order to avoid grid collapses. Putting everything on electricity alone and then shutting down power plant capacity first is one of the most irresponsible decisions of this federal government.

However, if one takes seriously the plans of the Federal Government to build about 20,000 MW of gas-fired power plants by 2030 in order to reduce the risk of blackouts, then an even more pressing question arises as to the meaningfulness of the green energy policy of this Federal Government.

In 2030, around 150 terawatt hours (TWh) of natural gas electricity are to be generated. This corresponds to about 300 TWh of natural gas (with a well-meaning efficiency of 50% in a gas-fired power plant). For comparison:

277 TWh of natural gas will be used in German households to generate heat (2022). The natural gas supply of citizens is to be eliminated on the hypocritical grounds that one makes oneself less dependent on gas imports (energy sovereignty).

At the same time, the German government is planning a major expansion of gas imports of the same size. Who can explain this to the citizen?

But – so it will be objected – the gas-fired power plants are hydrogen-ready!

Here, the Federal Minister of Economics pointed out in his distress to justify an alleged technology neutrality, that one could also use hydrogen heating systems with green or blue hydrogen.

So that nobody gets stupid thoughts, he has questioned this option himself. The hydrogen would not be available so quickly and it would also be 4 times as expensive.

Hardly any journalist has noticed that he has cleared the core of the green climate-neutral energy supply. I have been writing this here in the blog for years that hydrogen will be four times more expensive than natural gas and now the Minister of Economic Affairs confirms en passant that the energy plans of the Federal Government are cloud-shifting.

Habeck: “All possibilities are there, i.e. district heating systems, heating with biogenic fuels, and hydrogen as well, which is not available at the moment. But if you bet on it – four times as more expensive, I guess – please! Being open to technology also means that you can build more expensive heating systems – and, of course, heat pumps.”

By the way: after a change of ownership, the new owner or the heir has to replace the gas heating after 2 years at the latest. The only exception: over 80s are exempt from the obligation to exchange (see inheritance regulation).

Speaking of nuclear power plants. Federal Minister Habeck in Ukraine: “Ukraine will stick to nuclear power. That’s perfectly clear – and that’s okay as long as things run safely. They’re built.” And what is the CDU opposition doing? Spahn calls for a subsidy program for the conversion to heat pumps. We now know how a CDU-led federal government would deal with citizens’ interests.

“The Great Energy Crisis” 

My new book has made it to number 6 on the Spiegel bestseller list non-fiction/paperback. It is still not mentioned at all by the mainstream media. If you would like to purchase a signed copy, please contact Service@parlamentsbuchhandlung.de by e-mail. I have again signed numerous copies there, which are distributed by the parliamentary bookshop. Contact Hans-Peter Lenz 030/22489544

With best wishes
your
Fritz Vahrenholt