German manufacturing firms are considering scaling back production or relocating operations as the high cost of energy in the renewable-committed nation cuts into their profits, according to a new survey.
The German “2024 Energy Transition Barometer,” which was published by the Association of German Chambers of Industry and Commerce, surveyed firms employing 500 people or more.
“The trust of the German economy in energy policy has been severely damaged. Policy makers have failed to show companies that they can have reliable and affordable energy supply,” said Achim Dercks, the association’s deputy managing director, according to OilPrice.com.
A report in May from the Federation of German Industries concluded that Germany had lost a decade’s worth of growth in production since before the outbreak of the pandemic in 2019.
Another failure for Green and unfortunately Germany.
Drill baby drill.
Delusions of Adequacy 
Germany bet on the Russian natural gas pipeline, the one Biden promised to blow up, that some unknown actor blew up. If the pipelines were in place, and Russia was not being boycott, the Germans would be fine.
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couldn’t have said it better and exactly what I thought when they bet on Russia FAFO
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