Davos Devotees Deindustrialize Europe
1/14/24
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from The Wall Street Journal,
1/12/24:
In the name of green utopia, political leaders are quietly killing vital energy-intensive industries.
Over the past two years, dozens of energy-intensive manufacturers of our most basic materials—chemicals, steel, ceramics, glass and fertilizers—have ceased or slowed production in Europe. As the leader of a U.S.-headquartered chemical company that once had more than 50% of its revenue and employees in Europe, I have witnessed this devolution firsthand.
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