German manufacturing companies spent billions on climate protection in 2016
Federal Statistical Office (Destatis)
Germany’s manufacturing companies spent 3.3 billion euros on climate protection measures in 2016, the Federal Statistical Office (Destatis) says in a press release. In total, the sector (excluding construction) generated 31.8 billion euros in current environmental protection-related expenditures, according to the office.
Read the press release in German here.
For background, read the factsheet How much does Germany’s energy transition cost? and the dossier The energy transition’s effects on the economy.
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