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Wind farm in Brandenburg
Photo: Patrick Pleul / dpa
Federal Minister of Economics Peter Altmaier wants to abolish the surcharge under the Renewable Energy Sources Act (EEG).
In order to support the energy transition even if it is no longer available, the CDU politician's party is developing plans for a new financing model.
Christoph Ploß, state chairman of the Hamburg CDU and member of the Bundestag, as well as entrepreneur and CDU member Philipp Schröder, former Tesla Germany boss, have now presented a concept paper on this.
The document available to the »Handelsblatt« promotes the financing of the expansion of renewables in the future through green bonds.
They want »away from financing the energy transition by consumers towards infrastructure investments in renewable energies.
Here, earmarked green government bonds (green bonds) are to take the place of the EEG surcharge «, according to the concept.
The Ministry of Economic Affairs has so far planned to finance the promotion of future systems for renewable energies with taxpayers' money instead of the levy.
Electricity prices should fall by 30 percent
According to the concept, the goal of Ploß and Schröder is to make Germany the "world's cheapest market for clean industrial electricity" by 2030, "in order to keep energy-intensive key industries in Germany and to establish new branches in Germany."
The electricity prices for consumers "should also fall in parallel by at least 30 percent," write Ploß and Schröder.
At the same time, they want to »significantly increase the rate of expansion of the energy transition and, given the current interest rate situation, put the financing of solar and wind power plants on a new footing«.
"Our proposal offers the opportunity to meaningfully link the achievement of climate protection goals with a sensible economic and financial policy and thus to create new jobs in Germany," said Ploß.
Institutional investors were desperately looking for green investments.
Schröder is convinced that a paradigm shift can be achieved with the new form of financing: “So far, the industrial policy opportunity associated with the massive expansion of renewable energies has not been seen.
On the contrary: many still see the expansion of renewables as a burden.
We want to reverse that. "
Schröder suggests that the green bonds to finance the expansion of renewables should be outsourced to a federal company so that they do not burden the federal budget.
"The construction could also be extended to the European level."
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