Energy transition won't be a self-seller for a long time yet – opinion

Like other recent studies, the German Industry Association’s (BDI) study shows that cutting emissions by 80 percent by 2050 is technically and economically feasible, writes Andreas Mihm in an editorial in the Frankfurter Allgemeine Zeitung. But the preconditions are serious - getting policymakers “with their obsession to regulate everything in detail” to take a back seat is a greater challenge than financing the necessary  1.5-trillion-euro investment needed. “Even more challenging is explaining to citizens that climate protection and the transformation of the energy system will cost them a whole lot more money,” writes Mihm. “This Energiewende won't be a self-seller for a long time yet, but can be done better.”

Find a CLEW article on yesterday’s BDI study here.

For background on the BDI study, read the CLEW article German industry says protecting climate can benefit economy.