The company was hurt by its dependence on government loans. Our dependence upon foreign oil makes our economy vulnerable. a harmful dependence on foreign oil
Recent Examples on the WebApple has attempted to reduce its dependence on China in recent years by moving more factories and suppliers to places like India. Grady Mcgregor, Fortune, 8 Sep. 2022 But oil revenues are still expected to decline over time as individual countries reduce their dependence on Russian energy.New York Times, 27 May 2022 The city is acting to ensure water deliveries and reduce dependence on the Colorado, officials said. Debra Utacia Krol, The Arizona Republic, 22 Aug. 2022 Second, Europe must reduce its dependence on Russian gas, striking new deals with different suppliers and stepping up its renewable rollout.WIRED, 20 Aug. 2022 China’s main goal is to reduce its dependence on other countries for chips, especially as U.S.-China tensions rise. Dan Strumpf, WSJ, 24 July 2022 The tens of billions in subsidies to build chip plants on U.S. soil is unlikely to reduce its dependence on Asia, especially in the short-run, let alone transform it into a semiconductor manufacturing powerhouse. Yvonne Lau, Fortune, 24 July 2022 President Joe Biden is pouring billions into building an EV supply chain in the US to reduce dependence on China as geopolitical tensions between the two countries rise. Keith Naughton, Bloomberg.com, 21 July 2022 Eager to wean itself from Russian dependence, the European Union in May quadrupled its 2030 goal for green hydrogen usage to 20 million tonnes a year—half to be produced in Europe. Ian Mount, Fortune, 2 Aug. 2022 See More