The German government has scored another impressive success in its fight against industry. The long-established company ThyssenKrupp Stahl has announced plans to cut thousands of jobs and massively reduce production capacity in its steel division in Germany due to energy costs. Annual production is to be reduced from 11.5 to 9 to 9.5 million tons of steel, i.e. a reduction of around 20%. Importantly, this should also save a considerable amount of CO2 emissions, which can be seen as a major success for what is by far the most intelligent energy policy in the world. Congratulations, the social sector should continue to experience a boom.