This is old news as a result of first winter after Ukraine war. NG prices are back down to “normal” now. Electricity demand is high/growing. Renewables growth is far higher than electricity demand growth is the reason emissions are down. It’s fair to say EU economy is not booming though.
As someone who knows almost nothing about the EU, can you tell me/point me somewhere where I can learn more about German industrial collapse?
You could just google, there are many articles over the past few years.
https://www.politico.eu/article/rust-belt-on-the-rhine-the-deindustrialization-of-germany/ https://www.cleanenergywire.org/news/high-energy-prices-bring-about-first-signs-deindustrialisation-germany-rwe-head
https://www.forbes.com/sites/jimvinoski/2024/02/29/german-deindustrialization-is-a-wake-up-call-for-us-manufacturers/ https://www.forbes.com/sites/tilakdoshi/2024/05/09/as-europe-deindustrializes-can-economic-suicide-be-avoided/
This is old news as a result of first winter after Ukraine war. NG prices are back down to “normal” now. Electricity demand is high/growing. Renewables growth is far higher than electricity demand growth is the reason emissions are down. It’s fair to say EU economy is not booming though.
Holy shit that’s bad.