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RE: LeoThread 2025-05-09 18:23

in LeoFinance5 months ago

Part 2/8:

Germany has undergone a significant transformation in its energy policy, notably with the systematic decommissioning of its nuclear power plants and an increasing reliance on intermittent renewable sources. This shift, driven by ambitious green mandates, has led to exorbitantly high electricity costs—approximately four times higher than in the United States. As Germany turns increasingly towards oil and coal, the nation faces the dual threats of energy insecurity and economic decline, particularly evident in the burgeoning job losses within its vital auto industry.

De-Industrialization and Economic Toll