Industrial Devolution: Renewables Obsession Leaves German Industry Crushed By Rocketing Power Prices

No country went harder and faster with its renewable obsession than Germany. The rocketing power prices that inevitably followed are crushing its once thriving industries, including motor manufacturers such as Mercedes-Benz. The idea that a critical input cost to manufacturing can be tripled without affecting profitability and employment is, as any student of that dismal […]