Industry alliance: Energiewende policy threat to German industry
Innovation Forum Energiewende (If.E)
The German Energiewende policy endangers the country’s industry competitiveness, growth and employment, says an alliance of mining union IG BCE and businesses such as E.ON, Linde, BASF and Merck in a joint paper. The goal of competitiveness should be on par with climate protection targets within the energy transition policy, and more weight should be given to international measures like the EU Emissions Trading System (EU ETS). “Additional national measures for sectors covered by the ETS limit its effectiveness, increase costs for climate protection and are an obstacle to a global level-playing field", write the signatories.
Find the paper in German here.
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