EMEA > Compliance Markets & Taxes > German minister unveils plans to support heavy industry, faces battle for approval

German minister unveils plans to support heavy industry, faces battle for approval

Published 19:28 on May 5, 2023 / Last updated at 19:28 on May 5, 2023 / / EMEA (Compliance Markets & Taxes, Europe)

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The German economy and climate ministry unveiled plans to subsidise power prices for ETS-covered heavy industries on Friday, though the idea faces a battle for approval in the country’s coalition government as the finance ministry said funds were lacking.
The German economy and climate ministry unveiled plans to subsidise power prices for ETS-covered heavy industries on Friday, though the idea faces a battle for approval in the country’s coalition government as the finance ministry said funds were lacking.


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