€30bn of Germany’s €130bn Corona economic stimulus package is dedicated to the energy sector and the climate. Simon Göss at Energy Brainpool runs through the four main areas of focus. There’s €11bn to fund a reduction in the EEG levy (renewables surcharge) to help electricity consumers. €9bn goes to creating a hydrogen industry for Germany. There’s €7bn to promote e-mobility (tax exemptions, subsidies, co-financing of charging stations and … [Read more...]
Europe’s Unprecedented Opportunity to usher in a Green Economy
While the COVID-19 pandemic is singular in its rapid development and global implications, many have drawn parallels with another, equally significant, global issue: the ongoing climate crisis. In Europe, in particular, the parallels have led to the realization that the European Union’s COVID-19 response may also hold the key to addressing and accelerating longer-term decarbonization goals. Unlike COVID-19, the climate crisis is slow-burning, … [Read more...]