Climate money: SPD is pushing for Lindner to be more specific

Climate money: SPD is pushing for Lindner to be more specific

According to a report by www.zeit.de,

SPD General Secretary Kevin Kühnert demands clarity from Federal Finance Minister Christian Lindner regarding the introduction of climate money. The traffic light government had agreed in the coalition agreement to introduce climate money to compensate for the increase in the price of CO₂. In recent days there have been several calls for progress on this issue, as climate money would primarily help people with low incomes to cushion price increases. However, the deputy SPD parliamentary group leader Matthias Miersch has dampened expectations of the introduction of climate money, as the financial leeway has been severely restricted by the ruling of the Federal Constitutional Court.

After their weeks-long budget dispute, the traffic light government agreed that the CO₂ price should rise more sharply on January 1st than previously planned: from 30 euros per ton of carbon dioxide emissions to 45 euros instead of just 40. This will lead to an increase in the cost of energy generation and the production of many goods. The consumer advice centers recommend climate money of 139 euros for every citizen to offset higher costs for gas, oil and fuel over the past three years.

The lack of clarity regarding climate money and increased CO₂ prices could lead to uncertainty in the market, particularly in the area of ​​energy generation and production. Consumers could also be affected by rising gas, oil and fuel costs, which in turn could impact their purchasing decisions and consumption behavior. It remains to be seen how the political decisions will affect the market and consumers.