Germany Now on Course to Reach CO2 Goals
Germany’s CO2 emissions dropped 10.1% in 2023, the largest decrease since 1990. This progress aligns with the country's ambitious climate goals for 2030.
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Germany’s CO2 emissions dropped 10.1% in 2023, the largest decrease since 1990. This progress aligns with the country's ambitious climate goals for 2030.
Germany has set ambitious climate goals. Climate change is creating new business opportunities for international companies.
German government spending on energy research rose by 13 percent last year. That's according to the Ministry for Economic Affairs and Climate Action’s annual report on the topic.
Siemens has commissioned one of the largest production plants for hydrogen in Germany. The new facility, located in Wunsiedel in Bavaria, will produce up to 1,350 metric tons of hydrogen annually from renewable energy sources.
Once-in-a-lifetime, massive investments will open up new, lucrative business opportunities within environmental technologies in Germany.
The three-way coalition set to assume power under chancellor-in-spe Olaf Scholz further prioritizes the environmental and digital sectors while maintaining traditional German economic strengths.
Germany’s historical leading role in coming the economy with ecology could serve as a model for the Glasgow conference, says the country’s international trade promotion agency.