Renewables Obsession Leaves German Industry Crushed By Rocketing Power Prices

December 22, 2019/in /by Rudolf Huber

The shale revolution plus Trumps smashing the regulative concrete that has stifled the economy so far makes North America the economic powerhouse of the planet. And Asia still has quite some punches in its arms. Europe is pretty squeezed between those blocks and its limping. One thinks that getting Europe on its feet again would be a priority. Instead, the amputation of both legs is being practiced. Who else does not see the point here?

Industrial Devolution: Renewables Obsession Leaves German Industry Crushed By Rocketing Power Prices

No country went harder and faster with its renewable obsession than Germany. The rocketing power prices that inevitably followed are crushing its once thriving industries, including motor manufactu…

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