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    WSJ: German Energy Drain

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Summary

An accelerated push toward green energy is driving business to the US as lower energy prices lure companies away from Europe, particularly Germany.

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Press Notes

WSJ: German Energy Drain

Germany's Christian Democrats unveil their campaign platform later this month ahead of September's federal election, and energy policy is expected to feature prominently. The CDU-led coalition government has accelerated the country's push toward green energy during a period in which German industry has flourished relative to its European peers. Unfortunately for Germany, this energy transformation has also spurred a flight of German industry outside the country—not least to the United States.  MORE