this post was submitted on 17 Jul 2023
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Don't underestimate that red tape. Makes it very difficult / slow / expensive to do business there.
The claim isn't even true. This is a completely partisan political opinion piece and you've just accepted it at face value and are using it to justify a different partisan political belief.
The German economy is doing great compared to everywhere else in the world. They're on a path toward a continuing and financially sustainable future and conservatives are freaking out because one particular line isn't going up.
But.... but... that insane movement away from destroying the planet we live on will destroy the fossil fuel industry and then soon we will all have to live in caves...
...said a fossil fuel lobbyist or their paid stooges in politics while ignoring all new technologies. Because only when they convince you that you need to fight for your right to keep burning fossil fuels and everything else will lead to a catastrophe can they continue to maximise the revenues from their technological dead end as long as possible.
PS: Also Axel Springer SE is now (since 2019) majority-owned by KKR, one of the big players in financials still heavily investing into fossil fuels... but that is surely just another coincidence.