In the wake of the catastrophe at the Fukushima nuclear plant in Japan, the German government decided to close eight of its nuclear plants. Now it is facing a shortage of electricity during the coming winter, and is planning to buy electricity from Austria. Gas-powered generators in Austria will be pushed to the limit to supply this electricity. Fortunately for the Germans, the additional hydrocarbon pollution will be released in Austria, and not in Germany.
In other news, during July China experienced its most severe inflation in three years. Food prices were particularly affected, and rose more than 14%.
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Thanks to An EDL buck, C. Cantoni, DB, Gaia, Insubria, Mary Abdelmassih, Nilk, RH, and all the other tipsters who sent these in.
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