Energy Investing - Germany energy transition faces key chemical sector conundrum - Energy Investing - InvestorVillage


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Msg  501093 of 534529  at  5/31/2023 11:39:12 AM  by

Naamkat

The following message was updated on 5/31/2023 4:25:18 PM.

 In response to msg 501078 by  ScottMc
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Re: Germany energy transition faces key chemical sector conundrum

 
Balanced appearing, maybe.  But this is the money line:  
 
"But with strategic aid from government and industry bodies, Germany's chemical producers could undertake a major overhaul that could ensure its continued central role at the heart of the German economy even as its own and its customers' energy systems steadily shift away from fossil fuels."
 
Any discussion about climate conscious "competitive" industry is ALWAYS about subsidies to bring profit up to acceptable levels or the regulations to exclude lower-cost competition not saddled with the same debilitating regulations.
 
Regards,
Naamkat 
 


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