The climate money of the traffic light is shaking. A leading SPD politician concedes: Maybe it won’t come until 2025. Maybrit Illner can’t believe it.
The traffic light coalition may have long since been deselected when the climate money can finally be transferred. SPD faction vice Verena Hubertz emphasized on Thursday evening at “Maybrit Illner”: “The climate money must come.” But then she added with a view to the problems with the implementation: “Whether that’s next year or the year after next …” The moderator warned of a broken promise: “Is that campaign aid for the AfD?”
The guests
Veronika Grimm, Economics Claus Ruhe Madsen (CDU), Economics Minister of Schleswig-Holstein Verena Hubertz, Vice SPD parliamentary group Marie-Christine Ostermann, “The Family Entrepreneurs” Marcel Fratzscher, Economist
“What does that do to the people?” Illner asked. Because many people would have relied on the promise of the traffic light that they would be compensated for the significantly higher CO2 price from 2024 through the directly transferred climate money. Citizens with low incomes in particular should benefit from this. But there is a problem with the implementation. Bank data and tax numbers are required for this – and the money is also missing, as Chancellor Olaf Scholz (SPD) announced in Meseberg.
Waiting for the climate money
“But do you have 30 billion euros for the energy-intensive industries?” Illner asked the Social Democrat, referring to the industrial electricity price demanded by her parliamentary group. “It’s very clear that we need climate money,” Hubertz said. “Because we don’t want to leave people alone with the rising prices and say the market will take care of it,” she said, striving for the core of the brand of social democracy.
The business wise man Veronika Grimm reiterated her opposition to the industrial electricity price from Economics Minister Robert Habeck (Bündnis 90/Die Grünen) on the ZDF talk show on Thursday evening. “I would find that very problematic,” emphasized the economist from the Friedrich-Alexander University of Erlangen-Nuremberg. Not only does such a subsidy have to be financed through debt or taxes.
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The higher demand will also drive up the electricity price on the market for all other consumers, predicted Grimm, who advises the government as one of the five economic experts. She advocated getting used to the idea that certain energy-intensive industries simply could no longer be kept entirely in Germany. Instead, the federal government should quickly ensure that Germany covers its need for climate-neutral energy very quickly from many parts of the world, so as not to become dependent on one supplier again, as is the case with natural gas.
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“We have to get away from this way of thinking, we have to produce everything in Germany,” argued economist Marcel Fratzscher against the industrial electricity price. The President of the German Institute for Economic Research (about two-thirds financed by federal and state funds) emphasized in “Maybrit Illner”: If German companies relocate production abroad, it can certainly secure jobs in Germany.
Industrial electricity price warning
Fratzscher called on politicians to “make themselves a bit independent” of demands from industry for low electricity prices. Instead, you have to create good framework conditions for everyone and not “choose which companies survive and which don’t”.
Marie-Christine Ostermann, President of the Association “The Family Entrepreneurs”, spoke on the ZDF talk show of a “very blatant distortion of competition”. There are around 40,000 manufacturing companies in Germany. When it comes to industrial electricity prices, politicians are only talking about subsidies for 2,000 industry giants.
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