UBA: 65 billion euros for environmentally harmful subsidies

According to the German Environment Agency (UBA), a future traffic light coalition could gain financial leeway in the double-digit billions by reducing environmentally harmful subsidies. The benefits for diesel, advantages in the company car tax or exemptions from energy taxes for industry added up to a total of about 65 billion euros in 2018, the agency calculated in a study published on Thursday. The amount is probably even higher if aid from municipalities and states is taken into account. Almost half of the subsidies were in the transport sector. This is followed by the energy sector. “It is paradoxical that the state is spending billions on climate protection while at the same time subsidizing production and behavior that is harmful to the climate,” said UBA President Dirk Messner.

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