| ▲ | bjourne an hour ago | |||||||
Do you know of any major German industry for which energy costs amounts to even 10% of the labor costs? It's a rhetorical question intended to engage the common sense pathways of your cognitive system. | ||||||||
| ▲ | moooo99 an hour ago | parent | next [-] | |||||||
Realistically, without running the numbers, only few industries come to mind that may come close. Chemical manufacturing, steel production and maybe glass production as well. For the remainder, the wage costs - more specifically - the overhead costs are the true killer. If you want to pay someone 80k a year in Germany, the actual costs are closer to 100k a year in purely salary overhead costs, not to mention the other bureaucratic overhead in Germany | ||||||||
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| ▲ | WarmWash an hour ago | parent | prev [-] | |||||||
Considering Germany wiffed on the tech boom, and still relies on the same industry as 50 years ago, I'm not sure if you are gesturing that 10% is way too small or way to large. Their three largest exports are all very energy intensive (cars, machinery, chemicals). | ||||||||