Climate change is a major global challenge. As a leading industrial nation, Germany has a special responsibility. We must preserve vital natural resources, as well as ensuring our common future and that of our children. We will share this responsibility equitably, and we have a plan – the Climate Action Programme 2030.
The German government is to reinvest the revenues generated from CO2 pricing in climate change mitigation measures, or pass it on to citizens in the form of financial assistance and promotion measures.
Easing the financial burden
In the medium term the German government will reduce electricity prices as a counterweight to the new CO2 pricing. The principle is simple: if revenues from CO2 pricing rise, electricity prices will be reduced further.
Building and living
14 per cent of all CO2 emissions in Germany (120 million tonnes) come from the building sector. By 2030 this figure must be reduced to 72 million tonnes CO2 per annum.
Traffic and transport
In comparison to 1990, transport-related emissions must be cut by between 40 and 42 per cent by 2030. A package of measures to encourage electric mobility, promote the railways and introduce CO2 pricing is to achieve this.
In 2030 the agriculture sector must generate no more than 58 to 61 million tonnes CO2 per annum. Instruments already in place will reduce emissions to about 67 million tonners CO2 per annum by 2030.
In the energy sector, emissions are to be reduced to between 175 and 183 million tonnes CO2 by 2030. Significant reductions have already been achieved over recent years. With the phasing out of the use of coal, the expansion of renewables and enhanced energy efficiency, we aim to continue this positive trend.
By 2030 industry must reduce its emissions by about half (of the 1990 levels). By 2016 it had already achieved significant reductions. Measures to promote energy and resource efficiency and to expand the use of renewables are to achieve further CO2 savings.
Research and development
In the research and development sector, the German government wants to prioritise CO2 storage and the manufacture of battery cells. A Hydrogen Strategy is also to be drawn up.
The aim is to achieve maximum transparency and results monitoring in the achievement of the climate targets. To this end annual reduction targets are to be established in law for all sectors and reviewed.
By 2030 a sum in the triple-digit billion range is to be made available for climate action and the energy transition. Additional revenue from the Climate Action Programme is to be reinvested directly.