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The German government coalition has decided to reboot Europe's largest economy with a 130 billion euros stimulus package that contains steps to further the country's landmark energy transition. Aside from comprehensive actions such as reducing the value-added tax to boost domestic demand, the programme agreed by Chancellor Angela Merkel's conservatives (CDU/CSU) and the Social Democrats (SPD) will lower levies on power prices for households and small businesses, provide additional funding for public transport, and establish a 50 billion euro “future package” for investments in fields such as future mobility and hydrogen technologies. The coalition resisted industry calls for a buyers' premium for all types of cars, and instead opted to double subsidies for electric cars. Economists and researchers welcomed the focus on climate-friendly technologies but, like NGOs, criticised that the government missed the opportunity to fully align the programme with climate targets.
Germany’s government coalition has agreed on a two-year 130 billion euros coronavirus economic recovery programme which contains a number of measures to boost the country’s energy transition. Chancellor Angela Merkel’s conservative CDU/CSU alliance and the Social Democrats (SPD) decided comprehensive actions such as reducing the value-added tax to boost domestic demand, but also said it would cap the renewables levy to keep power prices in check and introduce an investment package for future technologies in fields such as mobility and hydrogen. Some of the measures can be implemented directly by the government, but many entail legislative acts that must now be discussed by parliament, where the coalition has the majority.
As society currently faced “profound upheaval” shaped by climate change and digitalisation, “we couldn’t just introduce a traditional stimulus package,” Merkel said at a press conference following 2-day talks. “It also had to be done with an eye to the future, so that is what we especially emphasised.”
Karen Pittel, head of climate, energy and resources at the ifo Institute, welcomed that the government explicitly included climate-friendly future technologies and infrastructures in the package. However, the coalition “failed to establish compatibility with the German and European climate targets as a cross-cutting theme of the economic stimulus package,” Pittel told Clean Energy Wire. She added that even though the European Green Deal requires Germany to step up its climate efforts, the economic stimulus package makes only limited use of the opportunity to make the recovery compatible with it.
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* 출처 : Clean Energy Wire(https://www.cleanenergywire.org/news/germany-gives-energy-transition-some-extra-boost-economic-stimulus-programme)