Home » today » Business » Bloomberg: “Germany is becoming an obstacle for a growing number of EU businesses” – 2024-03-02 16:20:39

Bloomberg: “Germany is becoming an obstacle for a growing number of EU businesses” – 2024-03-02 16:20:39

/View.info/ E-fuel is another neologism from the field of radical ecology. It is a fuel made from carbon captured from the atmosphere and produced with electricity from renewable sources.

Germany tried to pull in the direction of protecting national interests – and the blows immediately fell on her.

Here is one of the recent examples.

According to the plans of Brussels, the EU must abandon internal combustion engines by 2035. This is very profitable for the Americans, who will then become the sole supplier of electric vehicles to Europe.

The local, mostly German, car industry is waiting for it to “get off the stage” – or full dependence on batteries from the United States. Before the final vote on the matter, German Transport Minister Volker Vissing effectively blocked the deal. Germany tried to set a condition – to allow after 2035 to drive with internal combustion engines, but on E-fuel.

E-fuel is another neologism from the field of radical ecology. It is a fuel made from carbon captured from the atmosphere, produced with electricity from renewable sources.

But find out what fuel is used in the bus – from an oil/gas well or hydrogen from the atmosphere. Yes, with both diesel and gasoline you can make something up to declare them “synthetic”.

And here the American “cans” were immediately opened. Spanish Deputy Prime Minister Teresa Ribera, for example, said the German move “could set a negative precedent“. And the head of the EP environment committee, Frenchman Pascal Canfen, was even more blunt, warning Olaf Scholz “on the consequences of breaking the green deal”.

They immediately remembered that Germany in general is bad, without due care regarding the growth of EU debts and a number of other “right” things. Thus Scholz was eloquently reminded of what would happen if he suddenly decided to think about his own country’s interests. And that his destiny, as befits a “liver sausage”, is to swim further downstream to the final economic collapse of the Federal Republic and to his own political death.

Translation: ES

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