Reduction in electricity prices sourced from unique assets allegedly violates the Constitution, according to an opinion piece.
In a recent report commissioned by the World Wildlife Fund (WWF), the potential use of the Climate and Transformation Fund (KTF) and a reform of the debt brake have been outlined as key strategies for effective climate policy.
The KTF, a special fund amounting to 500 billion euros, is earmarked exclusively for additional investments, according to the report. However, the Ministry's plans have made the KTF a potential target for potential shifts in investments.
Michael Schäfer, CEO of GermanZero, emphasises that every euro from the special fund must be invested additionally and not be used for reducing electricity prices, which is problematic from a legal perspective. Dr. Roda Verheyen, a climate lawyer, has concluded that the planned reduction in electricity prices from the special fund for infrastructure and climate neutrality is unconstitutional.
The report calls for a climate protection mandate in the establishment law of the special fund. This mandate, to be decided as part of the federal budget 2025, is crucial in directing billions from the special fund into efficient climate protection investments.
Schäfer also suggests that promoting hybrid cars or the current new construction standard EH55 from the special fund would be a waste of money. He advocates for the government to distance itself from inefficient projects from the coalition agreement to direct billions efficiently into climate protection investments.
The Minister for Climate Protection, Robert Habeck, will lead the decision on the establishment of the special fund for climate protection investments in the Bundestag. The exact date of the Bundestag's decision on the special fund is not specified in the provided information.
Investments in climate-damaging measures could be legally challengeable, according to the report. The Federal Ministry of Finance's intention to use funds from the special fund to finance falling electricity prices has raised concerns about the potential misuse of the fund.
Schäfer concludes that the report by Dr. Roda Verheyen serves as an important guideline for the fiscal and climate policy of the coming years. He believes that using the special fund and a reform of the debt brake can be used constitutionally and effectively in climate policy, providing a roadmap for efficient climate protection investments.
Read also:
- Celebrated Title: Cheesemakers Blessed Upon
- Construction and renovation projects in Cham county granted €24.8 million focus on energy efficiency
- Threat looms over an ancient rock art site in Australia as the government prolongs the existence of a giant gas facility nearby
- Weekly proceedings in the Federal Diet (Bundestag)
