“Green miracles”
Die Zeit
The grand government coalition in Germany failed to recognise that the economy was “the central actor of the new climate movement,” writes German investor Jochen Wermuth in a guest article for German weekly Die Zeit. He calls for more divestment, a hold on subsidies that harm the climate, a tax on CO₂-emissions, a combustion motor “scrapping premium” and a German coal exit. “A decarbonisation of the economy would not lead to a de-industrialisation – quite the opposite: It would set the basis for a green Wirtschaftswunder [economic miracle],” writes Wermuth.
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