dangerous

European industry pivots to US as Biden grant sends 'dangerous signal'

European industry pivots to US as Biden grant sends ‘dangerous signal’

Northvolt, Europe’s great hope in the global battery wars, started life as a continent-centric start-up. From now on, the Swedish group, supported by Volkswagen, BMW and Goldman Sachs, is turning to the United States to develop its production. The reason for the pivot is the Inflation Reduction Act (IRA). Landmark U.S. green technology legislation, signed …

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Degrowth: dangerous idea or response to the greatest global crisis?  |  CNN Business

Degrowth: dangerous idea or response to the greatest global crisis? | CNN Business

London CNN Business — Conventional economic logic revolves around a basic assumption: large economies are better, and finding ways to sustain or stimulate growth is paramount to improving society. But what if growth does little at best to solve the world’s problems, and at worst promotes the destruction of the planet and jeopardizes its future? …

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