Germany is committed to the fight against climate change

The German Government announced a plan to fight climate change in which they will invest up to 54 billion euros in the areas of energy, transport, construction and innovation and development.

The objective of this great investment is to achieve a 55% reduction in Co2 emissions by 2030 compared to those in 1990, as ruled by the European Union, after seeing that Germany will not be able to meet the 40% reduction by 2020.

70 measures to achieve it

This is a package of 70 measures to address the climate crisis and fight, earnestly, against the emergency crisis that we are experiencing with climate change. The main measure is the establishment of a new rate to combat Co2 emissions, which will grow progressively, until a rights market can be launched in which companies that generate or distribute fuels for transport or heating will participate.

In 2021, 10 euros will begin to be paid for each ton of Co2 and the price will increase progressively, until in 2025 it will cost 35 euros per ton, when the emissions rights market comes into operation. This will consequently affect the price of gasoline, diesel, heating oil and also natural gas.

The fluctuation band of the price of a ton of Co2 will also be controlled so that it does not weigh too much on the purchasing power of consumers, who will see the tax relief increase for their daily commute to work.

The price of the train will be cheaper (from 19% VAT to 7%) and the plane ticket will be more expensive. The production of clean energy will also be promoted, with aid for photovoltaic solar energy and also with incentives so that many municipalities can join renewable energy, installing wind plants.

These measures include a price for domestic emissions and also the possibility of including stricter measures in the future, taking into account that these measures will affect sectors such as transport, agriculture or housing. The package also includes options to help households transition away from polluting heating oil, which is used in most of western Germany.

These are great challenges that Germany faces, for which it has finally decided to join forces and commit to sustainability. With these new measures they will fight to abandon energy through coal, develop clean energy, reduce carbon dioxide emissions, etc.

A great investment, which will not only improve the quality of life and sustainability in Germany, but will be an example for all those countries that have not yet decided to join forces and invest a large part of the budget to urgently combat the climate crisis. that is currently being experienced.