Just one example: https://cen.acs.org/business/finance/BASF-cutting-back-main-...
But it's never mentioned in such oh-so-wonderful super-objective democratic example of western journalism as this Economist article, LOL.
The western journalism started to hit the lowest bar set by third-world countries in the last 10-15 years. Or maybe it always was the same propaganda, I just never paid attention and blindly believed it until around 2008-2011.
Germany is in bed with China in the same way it was in bed with Russia, and you can see how that went.
The western journalism started to hit the lowest bar set by third-world countries in the last 10-15 years. Or maybe it always was the same propaganda, I just never paid attention and blindly believed it until around 2008-2011."
This has very strong "old man yells at clouds" energy. So where does such an incredibly enlightened person such as yourself get news from?
Another manufacturer of food-related products closed, too: https://www.europe1.fr/economie/le-groupe-cofigeo-william-sa...
A quick search brings up others, but in French.
Fair point about moving to the US, though.
I think the reason is twofold:
1. Industries can probably not afford to cut production immediately
2. At least in France, there were worries about gas availability for the winter. The government tried to have industries lower their consumption to not run out of the reserves during the winter.
https://www.grtgaz.com/en/en/our-actions/continuity-of-gas-t...
I haven't found a similar source for electricity, though articles I've seen talk of reductions, too.
The part of the claim you have taken upon yourself to substantiate is that the reduction is mainly (or even mostly) due to industry getting closed down completely or relocated specifically to the US.