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Germany spends €66bln on climate-damaging subsidies – report | Clean Energy Wire
Despite growing risks that Germany will miss its official climate targets and increasingly tight budgets, the country fails to reduce subsidies that support emission-intensive activities, according to a report by think tank Green Budget Germany (FÖS). The 45 climate-damaging subsidies identified in the transport, energy, industry and agriculture sectors added up to around 66 billion euros in 2024, equivalent to more than 1,600 euros per household and almost unchanged from 2018 levels, said the report, which was commissioned by the Bertelsmann Stiftung, a foundation.
