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How should the European Union’s industry respond to the energy crisis?

The Sound of Economics

CHAPTER

The German Energy Future: A Cheap Energy Future

The scheme is supposed to be a cheap energy future so we want to maintain our industry as far as possible under the scheme in Germany. The instrument subsidies on the other hand there is a green element here because the whole disbursement on subsidies is supposed to encourage savings and it's also supposed to encourage green transition which is essentially your strategy number two. But having said that it has all the disadvantages which is primarily about the fact that this creates a competition within Europe it may be a problem for the single market or something like that.

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