CAPTION: German government to spend 200 billion on climate protection by 2026. (picture alliance/ Geisler-Fotopress)
The German government wants to invest around 200 billion euros in climate protection by 2026. Finance Minister Christian Lindner and Economics Minister Robert Habeck have agreed on this in negotiations on the 2022 budget and planning for subsequent years. "We will use an order of magnitude of around 200 billion euros in the years up to 2026," Lindner said in Berlin.
Lindner enumerated what is to be financed with the money: Reducing CO2 emissions in industry, strengthening the hydrogen economy, building charging stations for electric cars. "And we will relieve citizens and the economy of the EEG levy." That alone will cost up to 50 billion euros, he said.
The governing coalition had previously agreed that the EEG surcharge would disappear from electricity bills as early as this summer and instead be paid through the federal budget. This was actually planned for next year, but was brought forward because of the burden of high energy prices.
All in all, Lindner said, it is therefore not just a matter of investing in the energy transition to renewables, but of "transforming the economy and society in a comprehensive sense." Speaking on the ARD program "Report from Berlin," Lindner, who is the leader of the pro-business Free Democrats, stressed that he was now eager to hear proposals to speed up planning legislation and cut red tape so that these "huge funds" could be put to good use.
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