1 November, 2007
The integrated energy-climate programme which the Merkel government is likely to approve in December could bring Germany 5 billion euros in energy savings. The 29-points package (“Eckpunkte für einintegriertes Energie- und Klimaprogramm“) was evaluated by the German Federal Environment Agency (Umweltbundesamt) in a special study presented on 31 October 2007.
With its climate plan the German goverment wants to achieve a 40% reduction of CO2-emissions by 2020 compared to base year 1990. According to the evaluation by the Environment Agency, the actual reduction would be around 36%. The ambitious target of Germany would contribute to the EU’s target of 20% reduction (30% if other economic powers join the effort) set by the European leaders in their March summit.
German industry circles are sceptical about the package and have stated – based on a McKinsey study – that without the use of more nuclear power only a reduction of about 30% is realistic.
- Financial Times Germany: Klimaschutz rechnet sich
- Neue Zürcher Zeitung: Wo sich der Klimaschutz rechnet
- German ministry for the environment: Press dossier (in German)
- McKinsey Germany: Kosten und Potenziale der Vermeidung von Treibhausgasemissionen in Deutschland + German summary