Protected Industries germany

Protected Industries germany - consumption Since the 1970s...

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Protected Industries Germany has several protected industries where the high export shares such as shipbuilding and air frames are heavily subsidized. This allows these industries to stay competitive in the world market. The Germans are committed to having a high trade surplus. Germany is the world’s fifth largest consumer of energy. However, their government policy strongly promotes energy conservation and development of renewable energy sources. They use solar, wind, biomass, hydroelectric, and geothermal energy as ways to lessen the
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Unformatted text preview: consumption. Since the 1970s, energy efficiency has been improving and has high hopes of meeting half the country’s energy demands from renewable source by 2050. Germany had invested a lot of money into energy conservation. 14% of the electric supply was renewable energy in 2007. Their goal is to increase it to 27% by 2020. They are currently one of the world’s leaders in environmental technology. They have patented a large number of their renewable energy technologies....
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