Germany's Coalition Agreement: Emphasis on Innovation and Energy Transition
Key Ideas
  • Industry stakeholders support the coalition agreement for promoting energy policy continuity and innovation in Germany.
  • Renewable energy association praises the commitment to national and European climate targets and the emphasis on renewable energies.
  • Policy think tanks highlight the importance of maintaining the EU's climate and energy governance framework for investment certainty and energy security.
  • The coalition agreement is commended for supporting the EU Green Deal, carbon pricing, and creating green lead markets to spur demand for climate-neutral goods.
The coalition agreement in Germany has garnered positive feedback from industry stakeholders and think tanks for its focus on innovation and energy transition. Utility association BDEW and renewable energy association BEE commend the commitment to renewable energies, energy transition, and reducing electricity prices. Policy think tanks like Agora Industry stress the importance of upholding the EU's climate and energy governance framework for investment certainty and energy security. The incoming government's support for the EU Green Deal, carbon pricing, and the creation of green lead markets is seen as crucial for promoting climate neutrality and industrial competitiveness. The agreement's emphasis on achieving European climate targets and the implementation of carbon pricing mechanisms like the Carbon Border Adjustment Mechanism (CBAM) is highly appreciated. The commitment to reducing CO2 emissions by 90 percent by 2040 and the adoption of the EU emissions trading scheme for buildings and transport sectors are highlighted as key steps towards achieving climate goals. Overall, the coalition agreement is seen as a positive signal for the energy transition and climate action in Germany and Europe.
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