Europe Begins U-Turn
Net Zero agenda slowly being reversed.
Across Europe right now, we’re witnessing a huge reversal.
The steady consensus of Net Zero has now been replaced by an increasing level of scepticism and pragmatism.
Of course events in Iran and around the world have given this all an extra degree of immediate urgency.
But the economic, industrial massacre we’ve been witnessing has been going on for many years now.
If we take Germany for instance, this is a country that in 2025 saw unemployment rise to a 12-year high.
And there is further trouble ahead. Volkswagen, for example, have already talked about cutting some 50,000 jobs in Germany by 2030.
This a country where in 2023, their last three nuclear power plants were shut down.
Germany’s Green Party had long campaigned for this - but it has been widely viewed as a catastrophic decision that has led to an absurd outcome as energy prices now surge.
As Conservative Chancellor Friedrich Merz has now made clear:
“It was a serious strategic mistake to phase out nuclear energy…we simply don’t have enough energy generation capacity.”
So where has this led Germany to?
With a German Energy Minister who now wants to see EU Net Zero targets relaxed.
And a country now forced to contemplate ramping up coal power after shutting down nuclear plants.
Similar moves are now happening all over the continent, as Governments wake up to reality: that energy security and independence must come first.
The Net Zero consensus is slowly shattering in country after country.
