By Nathan Worcester of Epoch Times
One of the German diplomats who snickered when then-President Donald Trump said Germany would “become totally dependent on Russian energy” didn’t respond to a question on whether his views have changed as rising energy costs amidst the war in Ukraine seem to prove Trump right.
Trump made the remarks during a speech to the United Nations General Assembly in Sept. 2018. Trump said during the same speech: “Reliance on a single foreign supplier can leave a nation vulnerable to extortion and intimidation.”
And here is Germany literally laughing at Trump after he says the country could become totally dependent on Russian energy pic.twitter.com/1NLa99tGLN
— Marcus Gilmer (@marcusgilmer) September 25, 2018
At the time, Germany and the United States disagreed strongly about the construction of Russia’s Nord Stream 2 natural gas pipeline to Germany.
Germany maintained that the project was strictly commercial, while American officials worried Russia could use a new pipeline to place geopolitical pressure on Europe.
Now, four years later, the clip has resurfaced on social media.
To many who heard it again, Trump’s warning sounds prophetic.
Sanctions on Russia after it invaded Ukraine have helped drive up the price of energy around the world, inflicting some of the greatest pain on Germany. Before the war broke out, over half of the country’s natural gas came from Russia.
German energy prices exceeded $1,000 per megawatt-hour for the first time on Aug. 29, following months of rising prices for households and businesses alike.
In mid-August, the German government introduced a new natural gas tax—2.4 cents per kilowatt hour—on consumers to go into effect in October as temperatures fall and demand rises with the approach of winter.
Chancellor Olof Scholz also announced plans to decrease the value-added tax on natural gas to 7 percent from 19 percent.
Nord Stream 2 was effectively canceled following Russia’s invasion of Ukraine.
In July, Gazprom paused the operation of Nord Stream 2’s predecessor, Nord Stream 1, for maintenance.
That Russian state-owned company has continued turning down the spigot of gas to Europe. In recent weeks, it has cut the volume in Nord Stream 1 to just 20 percent of its capacity.
The pipeline was temporarily shut down for maintenance again on Aug. 31.
Maas’s Curious Non-Response
Continue: zerohedge.com
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