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Openai/69278a9d-71d8-800a-b431-8009c2ffdf4f
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==== Pillar 1：能源與成本結構（Energy & Cost Structure） ==== ===== 俄烏戰爭的衝擊 ===== * 俄氣中斷 → 天然氣價格飆升 * 化工、鋼鐵、機械等耗能產業成本暴增 * 工廠外移（德國製造出現空洞化趨勢） ===== 川普新政的額外衝擊 ===== * 美國 LNG 更昂貴（美國出口價格不穩定） * 美歐貿易緊張 → 供應鏈不確定性增加 ➡ 結果：德國失去「低成本能源 + 高競爭力製造業」的傳統優勢
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