Green tax forces Germans to pay higher fuel prices but is it enough?
CGTN Europe
•
3m 4s
German households will have to pay more to heat their homes and are being hit at the petrol pump with higher prices due to a new CO2 tax but environmentalists say it is not tough enough.
Earlier this month, Germany's coalition government reached a hard-fought compromise as it brought in the new levy to help tackle climate change by transitioning away from fossil fuels.
Chancellor Angela Merkel's government is aiming to reduce carbon emissions by 95 percent by 2050.
🔴 Subscribe to CGTN Europe Youtube channel for all the latest on Business, Technology, Environment and Current Affairs
🔴 Follow CGTN Europe on social media 👇🏼
Facebook: https://www.facebook.com/cgtneuropeof...
Instagram: https://www.instagram.com/cgtneurope/
Twitter: https://twitter.com/CGTNEurope
Up Next in CGTN Europe
-
Chinese President Xi Jinping's speech...
The message of international cooperation and collaboration delivered by China's President Xi Jinping is now being echoed by the new U.S. administration, Jim O'Neill, chairman of the Chatham House think tank has told CGTN Europe.
Speaking on Global Business Europe, the economist said the new dyna...
-
Germany green tax
German households will have to pay more to heat their homes and are being hit at the petrol pump with higher prices due to a new CO2 tax but environmentalists say it is not tough enough.
Earlier this month, Germany's coalition government reached a hard-fought compromise as it brought in the new ...
-
Wind powering the UK's green plans
Wind farms generated 50.67% of the UK’s electricity during Storm Bella last December. Britain has the world’s biggest offshore wind farm, Hornsea One, and another larger project is being planned by Danish company Orsted.
"Our ultimate goal is to create a world which runs entirely on green energy...