The economic wing of the Union faction in the Bundestag, has warned against a high financial burden as a result of the planned Coal phase-out in Germany. “It is the suspicion, that here are people bought economically costly climate policy symbol policy is to be made,” said the economic policy spokesman Joachim Pfeiffer (CDU) in Berlin. The President of the Federal Association of German industry (BDI), Dieter Kempf said it was a difficult result for the location Germany”with big risks”.

The government-appointed coal Commission, a concept for a Coal phase-out by no later than the year 2038 submitted. For the coal regions in North Rhine-Westphalia, Saxony, Saxony-Anhalt and Brandenburg, the reporting structure of the aid of EUR 40 billion, which suggests. To premiums avoid the price of Electricity, is to be tested, a grant of two billion euros per year starting in 2023.

Difficult set of negotiations

The proposal leave many Central questions unanswered, said Pfeiffer. “The exact extent of the necessary funding for structural aid, compensation and other measures is unclear, as is the impact of a premature shutdown of the power plants to the security of energy supply and on electricity prices.”

Germany will not be able to save climate with “new national go-it-alone”, but only with a common, coordinated measures at the European or global level, said the CDU politician. Already today, Germany have for households and industrial consumers, the highest electricity prices in Europe. “Nevertheless, citizens and businesses would be saddled with in implementing the Commission’s recommendations, once again, a significant additional expense.” This could threaten the competitiveness of many, especially energy-intensive companies, jobs and the security of electricity Supply.