Faced with global competition from countries with cheap renewable energy, the EU should embrace a partial deindustrialisation rather than subsidise uncompetitive industries, according to a new report from the Potsdam Institute for Climate Impact Research published on Wednesday (24 April).
  • reverendz [comrade/them]
    ·
    2 months ago

    Wild how China is aggressively maintaining industrialization, going so far as to automate factories.

    Meanwhile, the west continues to race to the bottom by outsourcing to cheaper countries.

    • DyingOfDeBordom [none/use name]
      ·
      2 months ago

      china is basically the player in Victoria 3 and everyone else is npcs just doing random shit according to whatever interest groups want

    • ReadFanon [any, any]
      ·
      2 months ago

      Right?

      Seems like most of the west is already in the latter stages of deindustrialisation.

      Also this headline could be rewritten to say "Researchers urge Europe 'embrace' reliamce on developing world for all manufacturing"