Market forces must be the drivers of climate protection

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With "20 concrete proposals", the Federal Minister of Economics wants to advance climate protection and strengthen economic power. Peter Altmaier's approach is important, but does not replace concrete policy.

Only a long-term climate protection policy with broad social and political support will enable an export nation like Germany to take advantage of the opportunities it offers," said Matthias Zelinger, climate and energy policy spokesman for the VDMA, commenting on the Federal Minister of Economics' proposals. "The 20 points presented, some of which we view critically, are the beginning of a process whose outcome can form the basis for a sustainable and innovation-friendly policy. As the largest European industrial association, we believe that market forces must be the drivers of change. We therefore explicitly support the emphasis on the role of greenhouse gas pricing", explains Zelinger.

The Federal Minister of Economics has presented ideas for a long-term transformation of the economy and society. The aim is to achieve a broad consensus in order to make the climate neutrality of Germany and Europe in 2050 economically successful in a sustainable manner and without any breaks in the event of changed political constellations.

"The mechanical and plant engineering industry, whose technologies could drastically reduce two thirds of global emissions, is ready to act as a partner and solution provider in this area. We have shown this in a joint study with BCG. But we are also dependent on a global market perspective. National and European efforts must continue to go hand in hand with a global climate protection policy", demands Zelinger.

Ultimately it is also clear that whether climate protection and industrial value creation complement each other depends on the concrete policy framework. The current federal government with Minister Altmaier has failed to take a decisive step here - for example, by failing to reform taxes and levies on energy sources.