this post was submitted on 01 Nov 2024
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Futurology
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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.