WRITTEN BY PIERRE GOSSELIN ON DEC 29, 2023. POSTED IN LATEST NEWS
Germany’s Green Energy Sector ‘Facing The Abyss’ … ‘On The Brink’ … Economy Breaking Up
It wasn’t long ago, when interest rates and inflation were low, and the economy and the business of renewable energies in Germany were booming.
But now, Blackout News reports how “the outlook for the renewable energy sector has deteriorated drastically” and affordable raw materials have become hard to get.
Manufacturers are now reeling. “The renewable energy sector is facing the abyss” and is “on the brink.” [emphasis, links added]
“The S&P Global Clean Energy Index, which monitors the performance of the sector, has fallen by 32% in the last 12 months, while the global stock markets have risen by 11%,” writes Blackout News.
https://climatechangedispatch.com/germanys-green-energy-sector-facing-the-abyss-on-the-brink-economy-breaking-up/