Germany must show the world the way into a greener future. Future Chancellor Olaf Scholz has big plans for his new government.
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Hope, modernization, change. This is how the incoming government has profiled itself since the election in September. They have promised digitalisation, climate change and more social justice. For several weeks, 300 politicians from the SPD (Social Democrats), FDP (Free Democrats) and the Greens have sat in 22 working groups. Hardly anything has been leaked.
Wednesday at 15 they presented the government platform. It has been entitled “Dare more progress – The Alliance for Freedom, Justice and Sustainability.” The goal is for Germany to become a pioneer in the field of climate and environment. They will ensure “climate-neutral prosperity” and follow the 1.5-degree track from the climate agreement in Paris.
But they want more. They will also develop new green technology that other countries can use. – This is the largest industrial modernization in Germany in a hundred years, said future Chancellor Olaf Scholz during the press conference.
Wind and sun
Germany is facing a massive development of renewable energy. By 2030, three goals must be met:
- Wind and solar energy will account for 80 percent of all electricity consumption (so far the goal has been 65 percent). All available roofs must be used for solar panels. New commercial buildings are obliged to use solar energy. In addition, two percent of the states’ area will be set aside for wind power.
- Every third car must be electric.
- The coal industry should “ideally” be phased out. It is eight years earlier than the current plan.
In addition, hydrogen production will become a separate industry. The government is in favor of founding a European cooperation for green hydrogen, it says in the coalition agreement.
Germany will be climate neutral by 2045. It is five years faster than the EU’s target.
Unclear financing
Climate and finance must have been controversial until the last hour of negotiations. The FDP has gone to the polls on promises of zero tax increase, which is admittedly not mentioned in the coalition agreement. Other promises that are mentioned are that most people should not have to bear the costs of higher energy prices. Several measures will ensure social equalization.
So how should the green investment be financed?
According to the newspaper The time the answer is not in the coalition agreement. Admittedly, several measures are mentioned, but none of them are sufficient:
- The public sector must become more efficient.
- Support schemes that are not climate-friendly must be abolished.
- Private business must also be actively involved.
The newspaper Frankfurter Allgemeine refers to a planned climate and transformation fund. A separate investment fund for green development for business and industry can be financed with the help of loans.