Chemicals make our lives immensely better. Without them, we’d be catapulted back to Stone Age, fully exposed to nature’s merciless brutality.
Trade union and chemical industry bosses in Germany warn Merkel of the consequences of high electricity prices. Source: Wikipedia, public domain photo
Processing chemicals, however, sometimes involves large amounts of energy. Therefore, in their quest to provide customers with affordable products, processing companies need affordable energy. Today this is no longer available in Germany, which has taken a blind leap into renewable energies. Now electricity rates are skyrocketing out of control.
Spooked, chemical processing companies and the labor unions in Germany have sent an urgent letter to Chancellor Merkel, so writes Der Spiegel here. Hat-tip: Karl Rannseyer at Facebook. Spiegel writes:
The letter to the Chancellor is anything but friendly: According to a newspaper [Handelsblatt] report, the chemicals sector has warned Angela Merkel of rising electricity costs due to the energy transformation to renewables – the competitiveness of the branch is at stake.”
The letter warns:
If the chemicals industry loses its competitiveness, not only Germany as an address for production and research will be at stake, but also the entire industrial network as a whole will be dragged into into a painful situation.”
The letter was signed by the President of the German Association of Chemical Industries (VCI), Klaus Engel; by the head of the Chemicals Trade Union IG BCE, Michael Vassiliadis; and the President of the Federal Employers Association for Chemicals, Eggert Voscherau.