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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 04/Sep 14:57

Energy transition not as green as expected

Industrial production in Germany is higher than industrial production in France and Italy combined. However, the self-inflicted demise of German industry is having profound and serious consequences for entire the EU. Germany’s energy disaster continues, as France bounces back. Although Germany is still Europe’s industrial champion, albeit  faltering, its energy situation is disastrous and worrying. It has recently gone from being a net exporter of electricity to a net importer. However, a byproduct of Germany’s industrial decline is that emissions in the EU are falling, down by 4% in the first quarter of 2024, compared to the same period of

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