“Mr. Lindner has to answer the question of whether this country should still have a stable industrial base”

DGB boss Yasmin Fahimi

“It’s not just about blind subsidies, but about an agreement with the economy for future investments.”

(Photo: IMAGO/Chai von der Laage)

Berlin The chairwoman of the German Trade Union Confederation (DGB), Yasmin Fahimi, has spoken out in favor of an industrial electricity price of four cents per kilowatt hour. The six cents net brought into play by Federal Minister of Economics Robert Habeck (Greens) are still too much in global and European competition, said Fahimi in an interview with the Handelsblatt.

Chancellor Olaf Scholz (SPD) had already introduced a target price of four cents per kilowatt hour in 2021. “That is actually the better target,” said the trade unionist.

Of course, with a lower industrial electricity price, the 25 to 30 billion euros calculated by the federal government by 2030 would not be enough, emphasized Fahimi. Then it’s more like 50 billion euros.

But if you want to keep and transform the energy-intensive industries in Germany, you have to set the right incentives now, said the DGB boss. “With competitive energy prices, high-quality locations here can keep up with China in the medium and long term, with more security for their investments.”

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