Germany’s Chemical Reckoning: How Europe is Dismantling its Industrial Core

In its ‘Climate & Energy’ newsletter on Thursday, the Wall Street Journal’s report on Germany’s chemicals industry headlined ‘The Agonising Decline of One of Europe’s Core Industries’ reads less like an industry report than a forensic examination of an industrial autopsy. Once Europe’s formidable manufacturing powerhouse, Germany is now presiding over the steady dismantling of one of its most foundational industries – chemicals – under the combined weight of self-inflicted energy scarcity, climate moralism and geopolitical miscalculation.

In Politico’s view, the auto sector has already assumed the role of Exhibit A in Germany’s economic self-harm. But chemicals – the industry that quite literally underpins modern industrial civilisation – now stands exposed as Exhibit B. The collapse of chemicals manufacturing in Germany will be unsalvageable: when energy costs explode, feedstocks disappear and plants shut, financial investments and physical capital relocate not easily but in an irreversible rupture with previous arrangements.


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16 Comments
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varmint
4 months ago

Everything in the New Stakeholder Capitalism has to go through the Climate Change phoney Planet Saving Agenda Prism. When the only thing that matters to the Political Class of UN and WEF alignment people is reducing emissions (NET ZERO), then the result is energy poverty for millions and the destruction of the Industrial Base. Only by understanding the Sustainable Development Agenda can people begin to see what is actually going on. ——There is no CLIMATE CRISIS. We are being played by the global government technocrats seeking to control all of the worlds wealth, resources and —-YOU

stewart
4 months ago
Reply to  varmint

Maybe a few of them are thinking in terms of global government.
The majority are just mid-witted grifters who have just about enough brains to know where power lies, cozy up to it and get one of those meaningless jobs that don’t produce anything and instead waste everyone’s time and screw everything up.

john1T
4 months ago
Reply to  stewart

Agreed, but that majority of mid-witted grifters are being handled by wealthy elites who are fully signed up to sustainable development. Any mid-wits who go off message will be gone in an instant.

varmint
4 months ago
Reply to  stewart

Not just a few. —–Go read what the UN and WEF are saying. It is all there in black and white. Sure further down the food chain many are simply manipulated and brainwashed and follow the herd, but the Plitical Agenda is clear and it is called Sustainable Development. It uses climate as the major excuse for the control of the world by socialist technocrats we never heard of or voted for, and the tragedy is that most of our own political class align with all of this.

inamo
inamo
4 months ago
Reply to  stewart

“The majority are just … and get one of those meaningless jobs that don’t produce anything … and screw everything up.”

Encapsulates the delusions, ambitions, the disappointment and the enduring visceral resentment of Britain’s Remainer Ultras and the Remainocracy.

stewart
4 months ago

We aren’t governed by the best and brightest. We are governed by political and bureaucratic grifters. And because they are mediocre people holding levers of power, they will not course correct but rather double down and destroy everything around them if they have to before they give up their power.

inamo
inamo
4 months ago
Reply to  stewart

Indeed. After 1st Jan 1973, via the European Communities Act 1972, Britain started passing EU Directives directly into Law, without debate. So, the need for the brightest and the best in British government and Civil Service talent declined, right? And, since then, the once Imperial, well honed (and no doubt, well-heeled) cultivation, selection, education and training of Britain’s political and bureaucratic best could be disestablished as so many cost savings, right? e.g. The Civil Service College was shuttered in 1995.

Another example: https://www.globalgovernmentforum.com/mps-call-for-revival-of-uks-abolished-national-school-for-government/

The government claims that the closure of the school and its replacement by a greater emphasis on online training, coaching and other materials to support workplace learning has saved the taxpayer more than £100m.”

Bonkers! £100m! Just… fkg bonkers! And to close, this piece of Leftist, inclusive, “… you don’t know what you’ve got ’til it’s gone…”:

https://theconversation.com/why-the-establishment-of-a-national-school-for-civil-servants-matters-273938

Art Simtotic
4 months ago

For sustainable development, read unsustainable destruction.

EppingBlogger
4 months ago

Why do correspondents refer to bad policy as “geopolitical miscalculation”. It was nothing of the kind. It was intentional and enthusiastic by the left.

As to any dilema over gas supply, why not frack. There is thought to be a vast reserve under Poland and elsewhere which could be used in place of Russian gas if only the same left wing destroyers had not chosen to ban it.

Gezza England
Gezza England
4 months ago

An excellent article on the death spiral of the once great Germany that I think few people in the UK really know about. Blackout News every week reports on company failures, job losses, re-locations, and the lunacy of the politicians that the people elected as they shunned AfD.

soundofreason
soundofreason
4 months ago

Throughout all the horrors of the 20th century: the world wars, the lead piping in houses and lead in paint and petrol, asbestos, the huge increase in petrol and diesel engine usage and the associated emissions, the huge quantities of coal, oil and gas extracted and burnt, the massive increase in availability and consumption of tobacco, the cutting down of forests, filling our environment with plastics, factory farming…

This is what happened:

comment image

shred
shred
4 months ago

The chemical industries in the UK are declining even faster than in Germany, along with steel, plastics, aluminium, ceramics, vehicles and anything that needs chemical basis or cheaper energy. By the time Labour is ousted- and it could be replaced by an insane Green alliance- the UK will be a dead economy which cannot be rebuilt without huge changes.

Alec in France
Alec in France
4 months ago
Reply to  shred

That appears to be the plan.

Sparrowhawk
4 months ago

And all this for what? All to deprive Russia of what the United States demands (and gets) – NEUTRAL STATES ON ITS BORDERS. 45 years of reliable affordable Russian energy, never once leveraged against us, dumped for the world’s MOST EXPENSIVE ENERGY instead.

Well Russia is winning; even the Americans know “Project Ukraine” is a disaster, and are backing out, but the UK/European leadership are still in thrall to the Globalist Puppeteers, and so plunge on, abetted by their “Net Zero” fanaticism.

Net Zero – the suicide cult of the white race – ignored by the rest of the world

Marcus Aurelius knew
4 months ago

So, what’s to be done?

Epi
Epi
4 months ago

Bonkers, totally bonkers!!!