Germany set to cut climate spending by €45 billion, hike carbon pricing to balance budget

Published 18:12 on December 13, 2023 / Last updated at 18:19 on December 13, 2023 / / EMEA (Compliance Markets & Taxes, Europe)

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Germany is set to spend billions less than planned on climate and energy transition projects each year to 2027, in order to balance the government budget following a court ruling.
Germany is set to spend billions less than planned on climate and energy transition projects each year to 2027, in order to balance the government budget following a court ruling.


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