alt Hacker NewsThanks for the link. I think the facts are correct but the conclusions are wrong. Yamal gas will be redirected to Asian markets by 2030, and Europe will keep losing its manufacturing base to locations with cheaper energy (e.g. the US). But something tells me von der Leyen will not have trouble heating her own home.
Take a look at US manufacturing activity over the last 12 months. The industry is contracting due to federal policy. US fossil gas prices are rising due to LNG exports, so it is not a sure bet cheap energy is available in the US for manufacturing.
https://www.themanufacturer.com/articles/u-s-manufacturing-c...
https://www.eia.gov/todayinenergy/detail.php?id=64344
CATL is building one of the largest battery manufacturing facilities in Europe in Spain. I think Europe will adapt without issue to manufacturing without the inexpensive fossil fuels it previously relied on Russia for.
https://www.catl.com/en/news/6614.html