Electricity price: Greens call for more investment for the economy

Electricity price: Greens call for more investment for the economy

How does the economy in Germany get going again? The Greens are presenting a strategy paper on this. A state-subsidized bridge electricity price for industry is part of the strategy.

The Greens want to boost the economy with a subsidized industrial electricity price and more investments. “We want to get Germany back on course for growth as a modern location,” says a nearly six-page paper entitled “Securing prosperity: A dynamic economy for a just society,” which the federal executive board decided on Thursday at a meeting in Nuremberg. “This creates the basis for prosperity, justice and social participation.”

The federal government made up of SPD, Greens and FDP has already achieved a lot that will take effect in the coming months, it said, including the Growth Opportunities Act, immigration of skilled workers and the expansion of power grids.

Cheap electricity for industry

What is now needed, among other things, is a state-reduced bridge electricity price for industry. It was proposed by Federal Economics Minister Robert Habeck (Greens) and is intended to bridge the gap until sufficient electricity is generated from renewable energies. In addition, further bureaucracy must be reduced. “The mountain of applications and proof must be reduced in order to pave the way for innovations and modernization.”

The Greens want to counteract the lack of specialists and workers with a paid training period during which employees can gain further qualifications. In addition, the master’s certificate and the course should be free of charge.

According to the Greens, the federal government should organize specific tasks such as the construction and planning of infrastructure with public investment companies. In the case of an investment company, the federal government would provide it with equity. It could then raise and invest further capital through loans. The federal government would take responsibility for that. Deutsche Bahn needed more equity to maintain and expand the rail network, it said. A federal agreement on loyalty to collective bargaining should ensure that a representative collective agreement for the industry is created when awarding public contracts, “that means: no state money for wage dumping”.

Source: Stern

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