Government and Taxes: Deindustrialization 23, Germany economic decline

Continuation of my compilation, ecological wobble and deindustrialization in Germany. Enjoy.
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Experts Warn German Economic Decline Certain… “We’ll Soon Be Living In Trees Again”
By P Gosselin on 5. November 2023
https://notrickszone.com/2023/11/05/experts-warn-german-economic-decline-certain-well-soon-be-living-in-trees-again/

High Energy Bills Force German Industry to Eye Production Abroad
Almost a third of manufacturers considering or executing shift
By Petra Sorge 29 August 2023
https://www.bloomberg.com/news/articles/2023-08-29/high-energy-bills-force-german-industry-to-eye-production-abroad

Green Economic Collapse: 1/3 Of Germany’s Automotive Suppliers Considering Moving Abroad
By P Gosselin on 8. November 2023
https://notrickszone.com/2023/11/08/green-economic-collapse-1-3-of-germanys-automotive-suppliers-considering-moving-abroad/

Exclusive: Siemens Energy secures provisional deal for guarantees - sources
By Andreas Rinke and Christoph Steitz
November 10, 2023
https://www.reuters.com/markets/deals/siemens-energy-secures-provisional-deal-guarantees-sources-2023-11-09/

Germany To Bail Out Siemens’ Struggling Wind Turbine Division
By ZeroHedge - Nov 10, 2023
https://oilprice.com/Alternative-Energy/Wind-Power/Germany-To-Bail-Out-Siemens-Struggling-Wind-Turbine-Division.html

Green Bloodbath: Major Industries Closing Down As German Energy Prices Soar
By P Gosselin on 14. November 2023
https://notrickszone.com/2023/11/14/green-bloodbath-major-industries-closing-down-as-german-energy-prices-soar/

Scholz’s €60bn net zero budget boost ruled ‘unconstitutional’
Chancellor and government in crisis after court ruling, with three-party coalition now under threat of collapse
James Crisp, 15 November 2023
https://www.telegraph.co.uk/world-news/2023/11/15/olaf-scholz-60bn-climate-budget-unconstitutional-green-blow/

Major Setback For German Green Transformation As Top Court Rules Funding Unconstitutional!
By P Gosselin on 21. November 2023
https://notrickszone.com/2023/11/21/major-setback-for-german-green-transformation-as-top-court-rules-funding-unconstitutional/

Germany Faces the Green Fiscal Truth
The constitutional court rules Berlin will have to fund net zero honestly.
By The Editorial Board Nov. 23, 2023
https://www.wsj.com/articles/germany-net-zero-energy-transition-court-ruling-olaf-scholz-christian-lindner-fc59d5b6

Germany’s Lindner signals government to suspend debt brake for 2023
As Germany grapples with a budget crisis, the finance minister said the government will declare an ‘extraordinary emergency.’
BY HANS VON DER BURCHARD NOVEMBER 23, 2023
https://www.politico.eu/article/germany-christian-linder-supplementary-budget-for-this-year-following-budget-crisis/

Budget crisis shakes industry's confidence in Germany
By Christoph Steitz and Tom Käckenhoff November 25, 2023 https://www.reuters.com/markets/europe/budget-crisis-shakes-industrys-confidence-germany-2023-11-24/

Colby Cosh: Germany's green debt emergency
The Greens bypassed the country's 'debt brake' by re-purposing COVID funds for the environment, which has thrown German finances into disarray
Colby Cosh Nov 25, 2023
https://nationalpost.com/opinion/germanys-green-debt-emergency

Support for Germany's Greens falls amid budget crisis, poll shows
Reuters November 26, 2023
https://www.reuters.com/world/europe/support-germanys-greens-falls-amid-budget-crisis-poll-shows-2023-11-25/

Volkswagen to reduce headcount at 'no longer competitive' VW brand
Reuters November 28, 2023
https://www.reuters.com/business/autos-transportation/volkswagen-signals-staff-reductions-union-meeting-spiegel-2023-11-27/

Job losses likely at VW as the people’s car brand becomes uncompetitive
Management says high costs and low productivity are a big problem.
JONATHAN M. GITLIN - 11/28/2023, 10:48 PM
https://arstechnica.com/cars/2023/11/job-losses-likely-at-vw-as-the-peoples-car-brand-becomes-uncompetitive/

Tyre maker Michelin announces closure of German sites
Reuters November 28, 2023
https://www.reuters.com/markets/europe/tyre-maker-michelin-announces-closure-german-sites-2023-11-28/

EV chargers, heat pumps may be curtailed in Germany as of 2024
By Nikolaus J. Kurmayer | Nov 29, 2023
https://www.euractiv.com/section/electricity/news/ev-chargers-heat-pumps-may-be-curtailed-in-germany-as-of-2024/

German Solar Bike Path Produced Green Power – For $1100 A Kilowatt-Hour!
By P Gosselin on 3. December 2023
https://notrickszone.com/2023/12/03/german-solar-bike-path-produced-green-power-for-1100-a-kilowatt-hour/

German electric car sales plummet after subsidies run out
AFP Dec 6, 2023
https://www.iol.co.za/motoring/industry-news/german-electric-car-sales-plummet-after-subsidies-run-out-3e61a484-ab71-46b2-8cdd-3cb053b02749

Former Federal German Minister Under Merkel Warns: Germany Heading To A Climate Tyranny
By P Gosselin on 12. December 2023
https://notrickszone.com/2023/12/12/former-federal-german-minister-under-merkel-warns-germany-heading-to-a-climate-tyranny/

Scholz’s government cuts climate fund by 45 bln euros by 2027 in response to debt brake ruling
Carolina KyllmannBenjamin Wehrmann 13 Dec 2023
https://www.cleanenergywire.org/news/scholzs-government-cuts-climate-fund-45-bln-euros-2027-response-debt-brake-ruling

Germany to keep some coal units in service longer than expected
Bloomberg News | December 22, 2023
https://www.mining.com/web/germany-to-keep-some-coal-units-in-service-longer-than-expected/

Germany’s Nationwide Discontent Will Be Fueled Further By Higher CO2 Tax – Planned For 2024!
By P Gosselin on 23. December 2023
https://notrickszone.com/2023/12/23/germanys-nationwide-discontent-will-be-fueled-further-by-higher-co2-tax-planned-for-2024/

German government backtracks on tax hikes for farmers following protests
The country’s ruling coalition continues to struggle to finalize a budget for 2024.
HANS VON DER BURCHARD JANUARY 4, 2024
https://www.politico.eu/article/germany-government-backtracks-tax-hikes-farmers-protests/

As Alternative für Deutschland approach 40% support in East Germany, a right-leaning CDU faction announce plans to break away from the Union and found a new party that will cooperate with AfD
EUGYPPIUS JAN 7, 2024
https://www.eugyppius.com/p/as-alternative-fur-deutschland-approach

Germany’s farmers are fighting back against green tyranny
The Net Zero agenda poses an existential threat to European agriculture.
SABINE BEPPLER-SPAHL 8th January 2024
https://www.spiked-online.com/2024/01/08/germanys-farmers-are-fighting-back-against-green-tyranny/

Protesting farmers use tractors – and piles of dung – to paralyse Germany
Motorways and city centres across the country gridlocked as week of demonstrations begins against government proposals to cut fuel subsidies
James Rothwell, 8 January 2024
https://www.telegraph.co.uk/world-news/2024/01/08/germany-farmers-protest-fuel-subsidies-tax-cuts-olaf-scholz/

German Industry Shrinks for Sixth Month as Recession Looms
Industrial production declined 0.7%, economist est. 0.3% gain
Economy probably contracted in final quarter of 2023
By Sonja Wind 9 January 2024
https://www.bloomberg.com/news/articles/2024-01-09/german-industry-shrinks-for-sixth-month-as-recession-looms

Why German Farmers Are Protesting: They Refuse To Be The Government’s Cash Cow
By P Gosselin on 9. January 2024
https://notrickszone.com/2024/01/09/why-german-farmers-are-protesting-they-refuse-to-be-the-governments-cash-cow/

Angry German Farmers Win a Street Fight Over Climate
Radical environmentalists pioneered aggressive protest techniques, but they didn’t have tractors.
Joseph C. Sternberg Jan. 11, 2024
https://www.wsj.com/articles/angry-german-farmers-win-a-street-fight-over-climate-policy-net-zero-street-politics-6f217269

Europe dismisses German protesters at its peril
Governments must win consent for net-zero levies or they risk far-reaching popular revolt
Joanna Williams January 11 2024
https://www.thetimes.co.uk/article/20d7dbdd-98a0-4ecd-b486-204b843e33d1

Germany To Rely On Coal To Avoid Blackouts
Paul Homewood, January 12, 2024
https://notalotofpeopleknowthat.wordpress.com/2024/01/12/germany-to-rely-on-coal-to-avoid-blackouts/
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Sunday, January 14, 2024

Deindustrialization 23, Germany economic decline

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