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Germany Touts Green Stimulus in Post Covid-19 Policy Push

  • Government wants stimulus to foster carbon-neutral economy
  • CO2 output is falling but may rise once Covid-19 recedes
Germany's Drive to Slash CO2 Output May Cost $44 Billion
Photographer: Krisztian Bocsi/Bloomberg

Germany’s green energy shift may get a financial shot in the arm when the impact of the coronavirus ebbs, according to a senior member of Chancellor Angela Merkel’s cabinet.

When the virus’ acute phase is over, the government plans a stimulus package that advances the nation technologically and helps the economy’s move toward climate neutrality, Finance Minister Olaf Scholz said in an interview with Funke Mediengruppe. Such a package “makes sense,” said the Social Democrat without adding details.