中文
The German government has allocated up to 2.8 billion euros(3.1 billion US dollars)to support 15 industrial companies in achieving decarbonization under the first round of”climate protection contracts”.
As part of Germany’s goal to achieve climate neutrality by 2045,Berlin will provide 15 years of subsidies to companies in industries such as glass,paper,and chemicals in exchange for reducing carbon emissions in their production processes.
These 15 projects are expected to reduce emissions by 17 million tons within the 15 year term of the contract.According to data from the Federal Environment Agency,Germany’s total carbon dioxide emissions in 2023 are 674 million tons.
Through contracts,companies will receive compensation for the additional costs of green production in industries where climate friendly production processes are currently not competitive.
The Ministry of Economic Affairs stated that these contracts include flexible financing mechanisms that can be adjusted according to changes in energy and carbon dioxide prices,and it is expected that the subsidy amount paid will be much lower than the maximum disbursement amount.