Europe’s energy crisis is affecting the continent’s various industries. After steel mills and aluminium smelters, it is now tearing up the nearly US$400 billion fashion industry. With energy prices soaring to unprecedented highs after Russia’s invasion of Ukraine, industries are grappling to make ends meet. Fabric makers worry they will end up near the back of the line if Europe is forced to ration gas this winter, because their wares as seen as less essential than other energy-intensive industries like metals. Meanwhile, as the energy crisis develops, some investors warn it may stall sustainability efforts. Nils Bolmstrand, CEO of Nordea Asset Management, spoke on this issue.
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NEW – Germany:
80 years after foundation: German furniture manufacturer Hülsta insolvent.
85 years after foundation: Large bakery chain Thilmann insolvent.
125 years after foundation: German construction company Wolff Hoch- und Ingenieurbau insolvent.
130 years after foundation: German confectionery manufacturer Bodeta insolvent.
156 years after foundation: German automotive supplier Borgers insolvent.
170 years after foundation: German soap maker Kappus insolvent.
All of the above insolvencies were reported in the last 24 hours.
Renewable Energy ♻️🌎 Energy Revolution
1 Wind energy 2 Hydropower
3 Solar energy 4 Geothermal Energy
5 Ocean tide energy (Tidal power/wave🌊)
6 Gravitational “Potential energy”
By the way
“Geothermal energy” is “24 hours” “Reliable” energy
Lower “Carbon” / Lower “Methane”
(Greenhouse gases)
Lower pollution (Environmental Justice)
Energy transition to Green Energy ♻️
Clean and Safe
Tackle Climate Change Crisis
✡️establish “Renewable Energy Technical School”✡️
(“Innovation”)
transition to Electric drive system.
replace firewood
“STOP Deforestation”🌳
(Natural carbon sink)
At least is cleaner than burning Fossil Fuels
(Air pollution)(Air quality)
(Lung disease/Cancer)
Burning Fossil Fuels：CO2 and Methane emission to the atmosphere that warm the Planet Earth 🌎 / “Extreme” Weather
(Coal/ Oil/ Gas)🏭
(greenhouse gases)
(Greenhouse Effect)
ex “Geothermal energy” is cleaner (and safe)
(“24 hours” “Reliable” energy)
(Zero Carbon emissions)
(Almost Zero Pollution)
(“Environment-Friendly”)
(“Ecosystem-Friendly”)
(“Earth-Friendly”)
(connection with Nature)
We need Energy Revolution
Tackle Climate Change
“Reduce pollution”
Environmental Protection 💛
Solar panel 🌞
—> Recycle ♻️
—> Materials “Reuse” ♻️
—> Reduce the Waste (garbage)
—> Reduce “Garbage pollution”
—> Reduce “Chemical pollution”
(Please do Not cut down the trees for solar panel)
Use “Recyclable” materials ♻️
=“Reduce garbage”/ solve garbage problem
=Reduce the waste of resources🌎💛
Garbage problem
—> “Methane” emissions
Landfill Gas / Landfill Methane
(Greenhouse gases)
“Earth = Big Ecosystem” 🌎🌳🌊♻️
Forest Ecosystem (Carbon Sink)
Soil Ecosystem (Carbon Sink)
River Ecosystem (Carbon Sink)
Ocean Ecosystem (Carbon Sink)
Healthier Soil can absorb More carbon and water
Healthier Forest can absorb More carbon and water
Healthier River can absorb More carbon
Healthier Ocean can absorb More carbon
(Natural Carbon sink)
(“Ecological Restoration”💛👍)
(“Protect Biological Diversity”💛👍)
(“Rebuild Soil Biodiversity”)
(“Natural Farming”🌱💛)
(“Nature-Friendly”)
(“Ocean-Friendly”)
(“Earth-Friendly” 🌎💛)
The way we treat the Environment(the Earth/Nature/ Forest / Ocean / Atmosphere)🌎
Will have the consequence(impact) in the future👶
Only One Earth 🌎💛
Earth is our Home 🏡
(“Sustainability”)
We need Climate Justice Now
We need Climate Action Now
We need Climate Policy Now
We need Climate Solution Now
No time to waste⏳🌎👶♻️
We need Clean Air and Clean Water
(“Human Health”)
(Human Right)
If you Love Earth, please do something for the Earth.🌎💛♻️👍
Taiwan 💛
“Geothermal energy” is “24 hours” “Reliable”
(Zero Carbon emissions)
(Almost Zero Pollution)
(“Environment-Friendly”)
(“Ecosystem-Friendly”)
(“Earth-Friendly”)
(connection with Nature)
We need Energy Revolution
Tackle Climate Change
✡️establish “Renewable Energy Technical School”✡️
(“Innovation”)
“Reduce pollution”
Environmental Protection 💛
Geothermal energy
✡️Water Vapor / Steam Recycling♻️:
Water Vapor / Steam
—-> Recycle ♻️
—-> “Condensate Water” 💦
(for Water Efficiency 💧)
(“Save Water” 💧)
Water Vapor / Steam
—> Colder Surface
—> Condensate Water 💦
“Condensate Water” Recycling system♻️
When “Water Vapor” in the air (often described as humidity) comes into contact with a “Colder Surface”, the water changes from a gas to a liquid and collects onto the cold surface. This water vapor in the air that becomes liquid is referred to as “Condensate”.
Taiwan 💛
USA has been very successful in deindustrialize Europe .
18 October 2022 Italians protest US-led NATO membership as energy crisis spirals
Italians have marched in the capital Rome to protest against the country’s membership of the US-led NATO military alliance, as energy and cost-of-living crisis worsen across Europe amid the raging war in Ukraine.
The massive demonstration, organized by the USB (Unione Sindacale di Base) union, saw people burning energy bills in protest against skyrocketing costs of living, which are taking a huge toll on ordinary people in the southern European country………………..
The demonstrators called on the government in Rome to leave the NATO military alliance and demanded an end to the Russian war in Ukraine, now in its eighth month.
Its not a global problem but an eu problem. Why would you invest in a place where your profit might not be even enough to pay bills?
In the end of interview the host of the show must have thought about the guest : "It's like talking to a brick wall…"
NATO and US led allies are the new evil in the world. They should by disband asap. Their thinking and lies are hurting world economy.
No worry for this winter …worry of next spring. And there is no global challenges. Europe put sanctions and shoot them self in the food Poor people pay.
Import energy from USA
Talking about sustainability is a waste of time when the US-led G7 is intent on ruling the rest of the world by whatever means. Without peace and cooperation "sustainability", "decarbonization", "net zero" and their offsprings are nothing but pipe-dreams.