Financial expert criticizes energy policy: Haseloff calls for significantly higher energy supply to reduce prices

Financial expert criticizes energy policy: Haseloff calls for significantly higher energy supply to reduce prices

According to a report by www.stern.de,
Saxony-Anhalt's Prime Minister Reiner Haseloff (CDU) has criticized the federal government's energy policy and once again spoke out against an early phase-out of lignite. "Energy prices cannot remain at this level. A different strategy must be pursued. We must significantly increase the energy supply so that prices fall," said the CDU politician to the German Press Agency in Magdeburg.

Haseloff criticized the federal government for pursuing a technology elimination strategy and warned of the consequences of a premature exit from coal. The chemical industry recently pointed out the high levels of stress. The Association of the Chemical Industry warned against further shutdowns of chemical plants in Germany and increased investments abroad. Energy is still too expensive and there is now a risk of even higher electricity costs as federal subsidies for network fees are to be abolished.

These statements have far-reaching implications for the energy market and the financial industry. A premature phase-out of coal could cause prices on the energy market to rise further, which would have a negative impact on companies and consumers. Uncertainty around energy costs could cause companies to postpone or relocate investments abroad.

In addition, there is a risk that higher energy costs will place an economic burden on companies, which could also impact the financial sector. The consequences of an early exit from coal must therefore be carefully considered to ensure the stability of the energy market and the economy as a whole.