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Politics : Formerly About Advanced Micro Devices

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Mick Mørmøny

To: RetiredNow who wrote (1059558)	3/11/2018 6:42:02 PM
From: Taro	2 Recommendations Read Replies (1) of 1572631

The private households in Germany pay between 3-5x more for electricity than the normal and power intensive industry clients. See the attached graphs and you can run the text through a translator, if interested. That means, that the automotive industry is heavily subsidized by the private house-holds thru the "Stromumlage", a set of taxes "needed to pay for the nuclear power exit" as they say. Peak power is mostly covered by power imports from 80% nuclear power France, by the way. So the heavy taxation of the consumer, who thus pays the highest power prices in Europe, is used to subsidize the heavy industry, among them steel producers (!) and car manufacturing. Trump of course knows this. Sorry, I had just a few minutes to summarize this.

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