The German trade union leader warns that cutting Russian gas could bring down major industries

Ohio MP Dave Joyce explains his motivation for trying to “force” the Biden administration to keep canceled oil and gas lease sales to “Varney & Co”.

The head of the German Federation of Trade Unions (DGB) warned on Sunday that the country’s major industries were at risk of collapsing if Russian natural gas were cut.

“Because of the bottlenecks of gas, entire industries are in danger of collapsing permanently: aluminum, glass, the chemical industry,” Yasmin Fahimi told Bild am Sonntag in an interview. “Such a collapse would have massive consequences for the entire economy and jobs in Germany.”

FILE: Yasmin Fahimi, head of the German Labor Federation (DGB), speaks to the media ahead of the first meeting of the “Transformation Alliance” at the Chancellery on June 14, 2022 in Berlin, Germany. (Sean Gallup / Getty Images / Getty Images)

Fahimi’s terrible warning came a day before the long-awaited round of talks on the crisis between Fahimi and German Chancellor Olaf Scholz.

Russia’s invasion of Ukraine in late February has sparked an energy crisis on the continent that depends heavily on Russian imports.

Fahimi called for a cap on energy prices for households. He said households and businesses will be further burdened by rising costs of CO2 emissions, creating a crisis that could lead to social and labor unrest.

THE BIDEN ADMINISTRATION PRESENTS OIL AND GAS DRILLING PLANS, THE FRAMEWORK OF THE TRUMP EQUIPMENT ERA

Meanwhile, the head of Germany’s energy regulatory agency on Saturday called on residents to save energy and prepare for winter, when consumption rises, fearing Russia could cut off natural gas supplies.

Federal Network Agency President Klaus Mueller urged home and apartment owners to review and adjust their boilers and gas radiators to maximize their efficiency.

“Maintenance can reduce gas consumption by between 10% and 15%,” he told Funke Mediengruppe, a publisher of German newspapers and magazines.

CLICK HERE TO GET THE FOX BUSINESS APPLICATION

Mueller said residents and homeowners should use it 12 weeks before the cold starts to prepare. He said families should start talking now about “whether each room should be put at its usual temperature in the winter, or whether some rooms may be a little colder.”

The Associated Press contributed to this report.

Leave a Comment

Your email address will not be published. Required fields are marked *