Pages

Sunday, January 14, 2024

Deindustrialization 23, Germany economic decline

Continuation of my compilation, ecological wobble and deindustrialization in Germany. Enjoy.
-----------

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/
---------------

See also:
Deindustrialization 20, Germany's departing companies, EV slowdown, September 29, 2023 
Deindustrialization 21, UK update, Net zero religion, November 13, 2023
Deindustrialization 22, EVs impracticality, Energizing growth series, December 19, 2023.

No comments:

Post a Comment