Economic activity is a derivative of the availability and efficient use of energy. Germany's attempt to deindustrialize is working. The production of electricity has been declining for years, as has industrial activity, which is now experiencing a massive slump. Hard times ahead for Germany!
pull down to refresh
42 sats \ 1 reply \ @Coinsreporter 6 Apr
It can also mean that Germany becomes the first best model of how other countries can deindustrialize.
reply
0 sats \ 0 replies \ @TomK OP 6 Apr
Sounds amazing....
reply
21 sats \ 3 replies \ @riberet19 6 Apr
I don't understand the reason why a country would want to deindustrialize, to be greener? I really don't understand it, sacrificing your economy for an idea with rainbow colors.
reply
21 sats \ 0 replies \ @feelancer21 6 Apr
Ideology, the desire to save the world this time and a lack of economic education in schools.
reply
10 sats \ 1 reply \ @TomK OP 6 Apr
The background to this is that Europe has no resources to speak of. In order to overcome this problem, they are trying to get the world to commit to this climate target of net zero so that they can sit at the table geopolitically.
reply
21 sats \ 0 replies \ @riberet19 6 Apr
maybe you are right
reply