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Thursday, February 09, 2023

Deindustrialization 10, Net zero, ESG and carbon tax

A number of reports using the term "deindustrialization" in Europe late last year. 

Europe’s descent into deindustrialisation
Philip Pilkington  30 September 2022,
https://www.spectator.co.uk/article/europe-s-descent-into-deindustrialisation/

Europe’s non-ferrous metals producers call for emergency EU action to prevent permanent deindustrialisation from spiralling electricity and gas prices (9 pages)
September 2022
https://eurometaux.eu/media/qnhn5k30/non-ferrous-metals-ceo-letter-on-energy-crisis-06-09-2022.pdf 

Europe risks deindustrialization as soaring energy prices prompt corporate shutdown, exodus
Source: XinhuaEditor: huaxia 2022-10-06
https://english.news.cn/20221006/1abe4e909b8949d0a84f14d7437f37b2/c.html 

Europe facing gas insecurity, 'uncontrolled deindustrialization' through 2025
Tom DiChristopher  13 Oct 2022
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/101322-europe-facing-gas-insecurity-uncontrolled-deindustrialization-through-2025

The Deadly ‘De-Growth’ Craze
Stagnant societies eventually slide into oppression, chaos, anarchy and ruin.
Andy Kessler Oct. 30, 2022
https://www.wsj.com/articles/growth-world-economic-forum-sustainability-poverty-investment-esg-climate-protectionist-trade-energy-11667077994 

Europe May See Forced De-Industrialization As Result Of Energy Crisis
By Irina Slav - Nov 03, 2022
https://oilprice.com/Energy/Energy-General/Europe-May-See-Forced-De-Industrialization-As-Result-Of-Energy-Crisis.html 

Energy crisis chips away at Europe's industrial might
Clara Denina and Sarah Mcfarlane. November 3, 2022
https://www.reuters.com/business/energy/energy-crisis-chips-away-europes-industrial-might-2022-11-02/ 

EU to backtrack to de-industrialization due to energy crisis
By Al Mayadeen English 4 Nov 2022
https://english.almayadeen.net/news/economics/eu-to-backtrack-to-de-industrialization-due-to-energy-crisis 

Essential Geopolitics: Will Europe's Energy Crisis Accelerate Deindustrialization?
Dec 6, 2022
https://worldview.stratfor.com/article/essential-geopolitics-will-europes-energy-crisis-accelerate-deindustrialization 

Analysis: The hardest part is yet to come for gas-hoarding Europe
By Susanna Twidale, Marwa Rashad and Emily Chow  20 December 2022
https://www.reuters.com/business/energy/hardest-part-is-yet-come-gas-hoarding-europe-2022-12-19/

Worst of Europe’s Energy Crisis May Be Yet To Come
By Irina Slav - Jan 03, 2023
https://oilprice.com/Energy/Natural-Gas/Worst-of-Europes-Energy-Crisis-May-Be-Yet-To-Come.html 

Around 40% of German companies expect output decline in 2023, IW institute says
9 January 2023
https://www.reuters.com/world/europe/around-40-german-companies-expect-output-decline-2023-iw-institute-2023-01-09/ 

Reduced support on energy costs ‘will kill off small firms’
9 January 2023
https://www.thetimes.co.uk/article/reduced-support-on-energy-costs-will-kill-off-small-firms-qt2bqxc5s 

UK becoming less attractive for investment, manufacturers warn
By Andy Bruce 10 January 2023
https://www.reuters.com/world/uk/uk-becoming-less-attractive-investment-manufacturers-warn-2023-01-09/ 

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See also:
Deindustrialization 7, Other Europe, Sept-Oct News, November 08, 2022
Deindustrialization 8, Germany, Oct-Nov reports, November 30, 2022
Deindustrialization 9, Net Zero and Degrowth, Oct-Nov. reports, December 10, 2022.

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