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"Even if the gas storage facilities are full, there will be enough for about three months this winter. And then what? Ideology has to give way to a real fact-oriented policy... The only sensible solution is to launch Nord Stream 2."In recent weeks the German government has insisted that there are no plans to launch the Nord Stream 2 pipeline, which was completed last year but never went into operation due to Berlin's reluctance to grant it certification.
The German government has approved a package of measures aimed at reducing gas consumption during the upcoming heating season, Economy Minister Robert Habeck told reporters after a cabinet meeting in Berlin on Wednesday.Myopically, Germany may mitigate the immediate problem. Over the next several decades, however, such posturing and ideology ensure a chilling effect.
The measures include reducing the heating temperature in offices and public institutions - with the exception of social institutions like hospitals - from 20 to 19 degrees Celsius (68 to 66 degrees Fahrenheit). Also, outdoor advertising and the lighting of storefronts and monuments will be turned off from 10pm to 6am local time. Moreover, store owners will be urged to refrain from keeping the doors to their premises open for too long at a time to preserve heat.
The measures are expected to be put into effect gradually from September 1 through October 1. There are also plans to turn off the heat in the corridors, foyers, and technical rooms of public buildings, and ban private home pools from being heated with gas."The measures will help reduce energy consumption, but not to the extent that we can sit back and say, that's it ... Gas consumption will be reduced by about 2-2.5%. That means we have a long way to go."According to him, these measures could save private households and companies around €10.8 billion ($10.7 billion) over the next two years.
Asserting that "an entire generation is now saddled with unsustainable debt," President Biden announced Wednesday that his administration would nix up to $20,000 in student loan debt held by borrowers who got federal Pell Grants and earn less than $125,000 individually or $250,000 as part of a household. The proposal would also erase $10,000 in debt for non-Pell Grant recipients.See also: Student loan relief seen costing billions and favoring top earners
The White House estimates that up to 20 million Americans could see their student loans completely written off as a result of the order.
The Republican also echoed other GOP critics of Biden's plan by saying it was unconstitutional and would likely face reversal in the courts.
"He does not have the constitutional authority to do this," DeSantis said. "He is relying on emergency powers because of COVID. Wait a minute. You got a gender studies degree five years ago and that has something to do with COVID?"
Critics of Biden's plan have argued that only Congress can relieve debtors of their student loans, a point argued by House Speaker Nancy Pelosi (D-Calif.) last year.
The White House says it has the authority to cancel debt under a 2003 law giving the Education Department broad authority to help student loan recipients in the event of a national emergency.
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