German online weekly FOCUS writes that Germany is turning into “Europe’s economic sick man” – due in large part to high energy prices and fierce environmental radicalism.
The German weekly reports how German industrial production has been falling, citing figures from the automotive, chemicals and pharmaceutical industries, which all need large quantities of energy.
German industrial production in freefall
German economic output, now bordering on a recession, has been slowing down markedly since early 2018 and is now lagging behind the Eurozone average.
FOCUS cites a chart provided by Global Insight, Commerzbank-Research, which shows the 3-month moving average for industrial production, with 2015 equaling 100:
The same trend is observed in the automotive industry.
Car production by German automakers has been cut back domestically while the rest of Europe has seen greater car production by German automakers. Germany is no longer a production-friendly location to do business.
High energy prices, hostile environmentalism taking a toll
FOCUS reports that the quality of Germany as an industry-friendly location “is deteriorating” and that the country has been “moving environmentally burdensome production” beyond its borders and notes how “German companies pay the highest electricity prices in Europe by a wide margin.”
“That particularly burdens the chemical industry,” FOCUS writes.
Under attack by radical environmentalism
Recently Germany has come under massive fire from a concerted campaign by environmental groups for not taking the fight against climate change seriously enough and moving too slowly in converting its energy supply to one that is green.
The Fridays for Future and Extinction Rebellion protests have been widespread in Germany and spooked politicians.
Sights on combustion engines and conventional power plants
Now the pressure is mounting to ban internal combustion engines altogether and to shut down the remaining nuclear power plants and to exit coal-fired power.
Analysts warn, however, that such power plant shutdowns will only make German electricity even more expensive, and make the country even less attractive as a place to do business.
German farmers block streets nationwide
Environmentalists and government regulators have also targeted agriculture in Germany. Today, farmers shut down streets in a nationwide protest and “are calling on Federal Ministers Klöckner and Schulze to discuss current agricultural and climate plans with them so they can have their say.”
Juggernaut Turkey
Already Europe is in turmoil as at times violent protests rage in Spain, France, Netherlands, and Belgium.
In addition, Britain is pressing ahead with its exit out of the European Union while millions of refugees threaten to make their way to Europe from the war-ravaged Middle East, Turkey and North Africa. Refugee camps in Italy and Greece are horrendously overfilled.
The last thing Europe needs now is more insane, industry-destroying, jobs-killing policies. Hard economic times, energy poverty and millions of refugees would lead to a highly explosive situation in Europe.
It’s time for Europe’s leaders to finally sober the hell up and admit their policies are naive pipe dreams.
Read more at No Tricks Zone
Coming in 2039???…. Supreme World Leader contemplates penalties as Eurozone cricket output continues slowing down.
DGSCHRODER Canada’s election solidified the country as a socialist state . .
65% of the seats in the House have Commons are now held by
socialists , separatists , or Greenies .
In British Columbia they announced the Liberals had won less than 5 minutes after the polls closed in British Columbia the countries third largest Province .
Considering both Alberta and Saskatchewan both voted almost entirely Conservative how is that even possible without Ontario voter concentration
and that Province holding 35 % of the seats and Quebec voting in a large number of BQ who’s only interest is Quebec sovereignty .
Here is what has changed and will ensure a Conservative Party is never elected . Trudeau made a deal to use federal funds to buy the compliance of the media . The government already owns the national broadcaster the CBC and now it will pull the other broadcaster CTV ‘s chain when ever it wants or no money .
The liberals and their left wing pals could care less about running up $billions in annual deficits . They shattered their promise during a good business cycle and it is about to get far worse . Thank you Ontario .
Alberta and Saskatchewan should separate and do it quick . It is going to get worse every year and they just turned into the little yappy dogs that will be ignored except for the cash given to the rest of Canada .
If the west was ever going to have a chance in Canada it was with Harper and he did nothing but buy time .
The Federal carbon tax will be shoved down ever ones throat making Canada
increasingly noncompetitive.
Looking at Canada it just turned hard left , carbon taxes will crush competitiveness , and if those haven’t made you wonder welcome to dealing with First Nations who’s lawyers will bleed you dry and the eco anarchists who have infiltrated most city governments .
The Conservatives are Socialists, too. The least socialist, maybe, but in the age of extremism, they’ve condemned themselves to failure. They have been retreating for years.
Horgan is expanding his vicious hared of economic progress by pandering to the UN. He will be passing laws that obey the United Nations UNDRIP. This UN control of BC will allow Natives to refuse consent for any endeavor that involves their “traditional lands”. In simpler terms, he is giving Natives Veto power. Scary and very distirbing. Horgan lost in the Courts, so he is allowing Natives to do his dirty work for him. Why does Horgan have such deep hatred for Canadians? Oh, I forgot, he is following orders from Singh who openly hates Conservatives, Conservative voters and Conservative Governments.
Over ten years ago the Europeans coined the term “carbon leak”, meaning the loss of industry and jobs to other countries with more favorable energy prices and policies. The problem is getting much worse. Unfortunately liberals are incapable of learning from the mistakes of others or themselves if doing so interferes with their agendas. What needs to happen is despite the MSM the people need to become aware enough to vote eco-leftists out of office. This will happen, the only question is how bad does it have to get before it does. If the Germans don’t wake up soon and kick the current leaders out of office, there will be severe damage to their economy and it will take a long time to recover.
Consider what happened to Venezuelan petroleum engineers who fell afoul of the Socialists. They moved to Alberta. Their heavy oil expertise was valued then. Where do they go now?
Why they can help build solar panels and windmills for minimum wage you silly goose. It’s just that simple! Let them eat cake!
Germany used to be smart . European leaders are the stupidest batch in decades promoting the worlds biggest scam .
Keep it up Germany you are just handing production to China who could care less about the fake earths fever .
Pretending for a second that humans could play with setting the earths temperature is it better to have production in a place where environmental standards are meaningful or China that talks a big game but builds coal plants
every week .
Europe is going to get absolutely hammered with a cold winter and when it happens the body count from fuel poverty deaths will be staggering . All for what ? To pretend to influence the earths temperature ?
Scientists were used to start this con job and more need to step up meaningfully and stop it . No little memos that the MSM will never report ,
that isn’t going to cut it .
The recent letter to the UN IPCC from 500 scientists is a very good start but
against the climate fear industry it is going to take a lot more effort by the
people who actually know the subject matter .
All 100% true, BUT, I believe that things will have to get a whole lot worse before they get any better. The Federal election in Canada 2 days ago just proved that. The (stupid as usual) voters in seat rich Ontario voted overwhelmingly for the Liberal Party which was just re-elected. The Liberals stand for everything leftist, including major money and action to combat climate change. Thanks to their economic policies, the Canadian economy has been steadily turning down. It will probably take a very long time and a very deep hole to change a person who is brainwashed and closed- minded now.
To the ROC (rest of Canada), I’d like to emphasize that it’s ‘seat-rich Toronto’, not Ontario.
Rural Ontario, politically, is more centrist.
Make that seat rich URBAN Ontario -I think every city in Ontario voted Liberal not just Toronto –