While windfall profits of energy companies are being vehemently defended by the German government, including the Greens, those that are making losses are being subsidised. Welcome to the EU as Germany wants it.
Climate Crisis
Politico – EU countries blow climate deadline, putting funds for vulnerable people at risk
EU are wrestling with the best way to displace the cost of the green transition onto the poorest, the opposite of a ‘Just Transition’. Read the article HERE.
Economics
Steve Keen: Ricardo’s Vice and the Virtues of Industrial Diversity
Debunking a typical economist error of composition: specialization may be good for you, but not for us. Complex diversity wins. Read here
EU politics
Euro Intelligence: Fudging the numbers
Germany has no intention to pass reforms as a condition for receiving money from recovery fund. Also using most of the money for existing projects. It is as if the rules were intended only for […]
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