Shift to low-carbon mobility can boost German economy – study
The transition to a climate-friendly transport sector can deliver a net economic benefit for Germany in some scenarios, but only if the country invests heavily in charging and grid infrastructure as well as workforce adjustments , according to a study by the European Climate Foundation*. “Replacing imported oil with domestically produced energy will keep many billions of euros circulating in the German economy,” the study says.
Find the study in English here.
To find out more, read the dossier The Energiewende and German carmakers.
*The Clean Energy Wire is a project funded by Stiftung Mercator and the European Climate Foundation.