G7 countries whistle on climate goals: record subsidies for fossil energies!

G7 countries whistle on climate goals: record subsidies for fossil energies!

The G7 countries, including Germany, continue their climate-damaging subsidies, despite their own announcements from 2016, to stop this trend by 2025. According to an analysis of Greenpeace, which is based on data from the International Monetary Fund (IMF), the tax benefits for coal, oil and gas in the G7 countries rose by 15 percent to around $ 1.4 trillion from 2016 to 2023. Germany recorded one of the highest climbs with 49 percent - only Italy grew more strongly with 166 percent. These alarming numbers expose the absurdity of German subsidy policy, which even promotes climate-damaging behavior in times of crisis, as This source reports .

The Russian attack on Ukraine has raised energy prices, which has led to an increase in subsidies for fossil fuels. In 2023 in Germany alone, with 32 billion euros, a considerable part of the fossil subsidies could only be used to temporarily planned measures such as the gas and electricity price brake. Critics warn that the state should instead strive for socially just climate measures in order to relieve the citizens instead of asking them to pay for climate -damaging behavior. In the United States, for example, the grants for fossil fuels amount to an incredible $ 790 billion, followed by Japan and Germany, such as IWD .

The federal government does not only spend money on fossil energies. Every year, billions flow into different areas as financial aids and tax breaks, especially to promote environmentally friendly technologies. In 2024, 67 billion euros are planned for such measures. This is particularly evident in the dramatically increased funding for energy -efficient buildings, which is due to increase from EUR 3.9 billion in 2021 to around 18.8 billion euros in the coming year. Nevertheless, it remains unclear whether the measures announced are actually efficient and effective, especially since many old subsidies are not temporary and therefore have to be checked regularly.