Saturday's Energy Absurdity: ThyssenKrupp Provides a Microcosm of Germany's Real Climate Agenda
Long-time German steelmaker ThyssenKrupp announced plans this week to cut its steel output going forward by 20%. The reason why, as described by Bloomberg writer Javier Blas in a tweet, is entirely predictable: “the plan responds to an ‘upward trajectory of energy costs owing to climate policy objectives’ and pressure from ‘unchecked’ Asian steel import…
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