Posted 4/14/2024, 1:08:53 PM
German Industry Supported Climate Policies, Now Seeks Subsidies As Costs Mount
- German companies supported policies like phasing out nuclear power and combustion engines that have led to deindustrialization
- Now these companies are criticizing the government's "toxic" climate policies that they previously supported
- German automakers and industry want taxpayer subsidies to remain competitive and avoid moving production abroad
- The German government has provided billions in subsidies to industry under the guise of environmental policy
- This amounts to a Ponzi scheme where German companies participated in suicidal policies in hopes of getting easy government subsidies