Climate at heart of German election ------------------------------------- CLIMATE TARGETS Conservatives and Social Democrats want the energy sector to cut emissions by 65% from 1990 levels, by 2030 and for the economy to be carbon-neutral by 2045 Greens want 70% cuts and climate neutrality before 2045 Greens: Annalena Baerbock GERMANY’S EMISSIONS Million tonnes of CO2 equivalents 1,500 1,200 900 600 300 0 1990 2000 2016 2018 2020 2025 2030 2035 2040 2045 1,251 1,045 909 858 739 649 438 290 124 CDU: Armin Laschet SPD: Olaf Scholz -65% Emission targets Goal: carbon- neutrality RENEWABLES Government target for electricity output to be 65% “green” by 2030 would require 4,000 megawatts of additional wind capacity per year Operators and Greens believe far more is necessary HYDROGEN Conservatives want “green” hydrogen – produced from renewable power through electrolysis – to be used in hard-to-decarbonise industries Greens prefer wider electrification, which they consider more efficient ENERGY PRICES Conservatives want to remove surcharge for renewables from electricity bills as soon as possible. SPD are calling for this by 2025 Greens want it reduced but say industry must pay more towards it CO2 PRICES Ruling coalition introduced carbon levy for transport and heating fuels in January, starting with €25 per tonne of CO2, rising to €55 in 2025 Greens are calling for price hike up to €60 by 2023 ------------------------------------- Sources: Agora Energiewende, ICIS, Reuters, Bloomberg Pictures: AP © GRAPHIC NEWS 230 words