> The EU now runs on roughly 44 percent less energy per euro of output than it did in 1995, and more than a third of that improvement has landed since 2019 alone.
Is this really a de-industrialization story? Is manufacturing much more efficient since that time, or has the economy moved onto other less energy intensive tasks, say through outsourcing them to Asia?
Is this really a de-industrialization story? Is manufacturing much more efficient since that time, or has the economy moved onto other less energy intensive tasks, say through outsourcing them to Asia?