Concrete resolutions have rarely been made at G-7 summits, and it was no different in Elmau.

The communiqué, which the group agreed on after three days, mainly contains declarations of intent and test orders.

One of the most important relates to price caps for Russian energy.

The skepticism that host Olaf Scholz showed on the subject is justified, it would indeed be an ambitious project.

That the G-7 are still seriously considering it is an admission that the oil sanctions, which are not even fully implemented, are currently not weakening Russia because of the rising prices.

But these are causing problems for the West itself.

Putin can afford a gas reduction

If things stay that way, Putin could afford a permanent reduction in gas exports to Europe more easily than many could have imagined just a few weeks ago.

This puts a big spanner in the works, especially for the federal government.

Dependence on Russian gas is still too high, so Germany could face difficult conditions next winter.

To trust that somehow a price cap would come would certainly not be enough.

The federal government should pull out all the stops in the next few months to save gas, replace it or get it from somewhere else.

The potential damage must at least be minimized.

One can only hope that this experience will teach German politics and business a lesson.

The Chancellor's "Climate Club" is also included as a project in Elmau's final declaration.

It is intended to solve another Western control problem, especially one of the EU: namely that local industry is threatened with a competitive disadvantage in the forthcoming decarbonization.

The largest CO2 emitters include China, India and Russia.

Not only Putin will be tempted to use this new vulnerability of the West in his interests.