To hit its climate targets, #Germany needs a “barrage of investments” to modernise industry and reduce the carbon footprint from heating.

“The crisis-related slump in production weakens the German economy. If emissions are subsequently relocated abroad, then nothing has been achieved for the climate.”

Only 15% of the reduction in 2023 constitutes “permanent emissions savings”.

https://www.agora-energiewende.org/news-events/germanys-co2-emissions-drop-to-record-low-but-reveal-gaps-in-countrys-climate-policies @energy @eu @climate

#GHG #oilAndGas #energy #energyTransition #lowCarbon