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Büschemann, Karl-Heinz
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3 articles of this author have been cited in the European Press Review so far.
Karl-Heinz Büschemann on authoritarian traits of nuclear energy
Italy, Germany and Switzerland have turned their backs on nuclear power while other countries are talking about phasing it out and delaying the construction of new nuclear power plants. Nuclear energy has no future in democracies and free market economies, concludes columnist Karl-Heinz Büschemann in the left-liberal Süddeutsche Zeitung: "It's conspicuous that it is mainly the countries with dictatorships or pseudo-democracies that are building new nuclear plants. China, the biggest consumer of energy in the future, is currently working on 27 reactors, while Russia is building eleven new plants. In these countries the state is clearly in charge of the energy sector. Resistance from the people is unlikely. ... In the UK, where Prime Minister Tony Blair promised a series of new reactors back in 2006, there are still no new projects today. In the US, where the last nuclear power plant went into operation in 1973, President George W. Bush called for the expansion of nuclear energy in 2001, but only one plant is currently under construction. ... Cheap and clean nuclear power was a dream of mankind after the Second World War, but it hasn't come true."
» full article (external link, German)
More from the press review on the subject » Energy, » Economic Policy, » Global
Oil industry pushing up petrol prices
In recent days petrol prices in Germany have climbed over 1.5 euros per litre. While the oil companies are blaming the Libya crisis the left-liberal daily Süddeutsche Zeitung says that the oligopoly of the oil companies is really to blame: "The quantities that Gaddafi's crumbling regime can no longer supply are far too small. The last time petrol prices were so high in Germany was in 2008. But while back then the barrel of oil was costing around 150 dollars, now it's less than 110 dollars. ... But there is a global chumminess between governments and the oil industry. In some countries the entire branch is in the hands of the state. Other nations, including Germany, use petrol as a bountiful source of tax income and earn more when the petrol price rises. Last year in America the fatal ties between the oil industry and politics became clear for all to see. The powerful United States was almost powerless against oil giant BP when the latter polluted the Gulf of Mexico."
» full article (external link, German)
More from the press review on the subject » Energy, » Corporations, » Consumers, » Politics, » Germany, » Global, » Middle East
No need to fear Chinese investors
Karl-Heinz Büschemann calls for Chinese investors to be allowed to invest in Germany. "In no other foreign country are German companies building so many factories, and for no other market are the expectations so high. But he who values the Chinese as customers can't reject them as investors. Besides, there's no reason to do so. Over the past few years China's economic power has proved to be a stabilising factor in the global economy. With its huge foreign exchange reserves China finances the US's excess and debt-ridden economy. This way it ensures that the world's strained financial markets don't plunge into a crisis - and this is very much in its own interest. If the dollar ceases to be the base currency, the People's Republic of China will loose a large part of its national assets, which are invested in foreign currency. In these circumstances the general assumption that the Chinese have obscure and political motives for their foreign investments seems very naive."
» to the homepage (external link, Süddeutsche Zeitung)
More from the press review on the subject » Corporations, » Financial Markets, » Germany, » China
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