German Union Demands Climate Policy U-Turn

For far too long, entrepreneurs and employee representatives have silently accepted the ecological crash course of politics. Now, the chemical union IG BCE is demanding a shift in climate policy. Slowly, the penny seems to be dropping.

A storm is brewing in Berlin. The faint rumble that barely drew attention weeks ago has now grown into unmistakable thunderclaps: After Mercedes CEO Ola Källenius sent an urgent letter to the Chancellor calling for a return to reality and a rethink of strict CO targets, the chemical union IG BCE has voiced sharp criticism. Their message to policymakers is clear: the destructive climate policies from Brussels and Berlin are pushing industry to the brink of collapse.

End of the German Special Path

The IG BCE calls for abandoning Germany’s national goal of climate neutrality by 2045. Union leader Michael Vassiliadis emphasized that many companies are fighting for survival. 40,000 jobs are at risk, and 12,000 employees are already on short-t
ime work. Regarding climate targets, even aligning with the EU goal by extending the deadline five years to 2050 could help—but even that is not enough, says Vassiliadis, speaking for 570,000 members. Many companies need immediate support; otherwise, stagnation and job losses are inevitable.

https://www.zerohedge.com/markets/german-union-demands-climate-policy-u-turn

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