German Electric Cars Are Losing Out to China
Study shows that China’s supply-chain control of electric car batteries and low-priced vehicles have weakened Germany’s electric auto industry.
Study shows that China’s supply-chain control of electric car batteries and low-priced vehicles have weakened Germany’s electric auto industry.
The European Union’s drive for ever more intrusive regulations to combat climate change are being met with resistance from member states. Despite the Commission’s best efforts to push the Green Deal, exorbitant economic costs and voter discontent has sparked a renewed interest in nuclear energy.
The gamble may be well calculated, as many member states are hesitant to embrace the directive as written by the Commission.
Jamie Dimon, the CEO of J.P. Morgan Chase, the U.S.’s largest bank, has suggested that in order to allow Green Energy to develop properly, the government may need to seize private property.
MP Alessandro Cattaneo (FI), the first signatory, said: “The green light from the Chamber to the motion on nuclear power, as an alternative and clean source for the production of energy, is the clearest response to the demagoguery of the left.”
Greenpeace can take its legal challenge against the UK government over new oil and gas licences to a full hearing, a court has ruled.
The aid deal comes despite established links between Moroccan intelligence services and the Qatargate scandal, with the ringleader of the bribery network, Antonio Panzeri, a known ally of Morocco.
The judge declared the expropriation null and void and added a word for the energy company: “The action (of Iberdrola) is surprising. Nonsense has no name.”
This year’s drought has brought water reservoir levels so low that the government is considering having to temporarily stop hydroelectricity exports.
Germany’s economy has been relying on an export surplus for decades, but exploding energy prices, in combination with a rigid transformation to renewable energies, has caused imports to exceed exports in value for the first time in more than 30 years.