Clamoring for Swift Drop in Electricity Rates: Manuela Schwesig & Co
Schwesig advocates for immediate cut in electricity costs - Swift call for swift decrease in electricity rates by Süssig
Whoa, fellow humans! Let's dive right into the heart of the matter - Manuela Schwesig, the brilliant Minister President of Mecklenburg-Vorpommern, and her fierce push for a speedy reduction in electricity prices before the gathering of state leaders with Friedrich Merz, the CDU's Federal Chancellor candidate.
But here's the catch, folks: Manuela's not just dabbling in trivial matters. She's questioning the funding method of the hefty economic aid packages worth billions, voicing concern that the economy needs a swift boost, stat! And guess what? The federal government's initiated something called the growth booster, which, according to Manuela, should ensure that it doesn't unfairly burden states and municipalities.
The federal government's plans involve improving tax depreciation options for companies making investments and gradually slashing the corporate tax rate. The hitch? Revenue losses are said to heavily impact municipalities, sparking criticism. In total, these changes are estimated to lead to almost 50 billion euros in lost tax revenue, with the federal government covering a third while the remaining two-thirds would fall on the states and municipalities. Manuela's not exactly pleased with this distribution, pal!
Oh, and wait ‘till you hear about her energy supply crusade! Maverick as always, Manuela's advocating for an energy plan for Germany that prioritizes affordable electricity prices for households and businesses, especially industries. She's pushing for the federal government to lay out concrete calculations for energy quantities and proposals for future renewable energy coverage.
Manuela also wants the federal government to take immediate action, slashing grid fees, taxes, and levies to provide relief from the astronomical electricity prices burdening both citizens and the economy.
In other news, Mecklenburg-Vorpommern's submitting an application that tackles the delicate balance between lowering energy prices and maintaining supply security during the energy system's transformation to a climate-neutral state. The application stresses that the transition must guarantee high supply security and balance climate change, affordability, and economic efficiency.
Now, get this: The application supports an industrial electricity price and relief from energy costs to enhance Germany's competitive edge on the international stage. Expensive electricity prices have been a thorn in the country's side, leading to slowed growth, diminished competitiveness, and the need for swift action.
By December, the federal government should present a solid, long-term strategy to guide the climate-neutral transformation of Germany's energy system, tailored to both supply security and affordability concerns. A gradual phasing out of fossil fuels like coal, gas, and oil is planned as a medium- to long-term goal.
Germany's vision for their energy evolution focuses on:
- Solar, Wind, and Renewable Energy Expansion: Germany aims to reduce energy imports from 70% today to 27% by 2050 by aggressively ramping up renewable energy sources. By 2030, at least 80% of electricity should come from renewables, up from about 47% in 2023. This plan includes hefty investments in solar, onshore, and offshore wind energy projects backed by the €100 billion Climate and Transformation Fund (KTF) and regulatory measures like the Building Energy Act.
- Infrastructure and Grid Modernization: Alongside renewable expansion, upgrading and expanding the electricity grid is of utmost importance to efficiently integrate increasing shares of renewable energy sources while maintaining grid stability.
- Gas-fired Power Plants as a Transition Solution: The government plans to build up to 20 GW of new hydrogen-ready gas-fired power capacity by 2030 to ensure supply security during the transition, acting as a flexible, dispatchable power source to complement renewables and ease the phase-out of coal and nuclear energy. Additionally, the government intends to expand the carbon capture and storage (CCS) use for these plants to mitigate emissions risks.
- Reducing Electricity Costs: Relieving economic pressure on consumers and businesses by lowering electricity taxes to the EU minimum level, reducing grid fees, and introducing fairer industrial electricity pricing schemes are essential components of the strategy.
- Investment and Funding: A €500 billion investment package is planned to mobilize capital for the transition, emphasizing reliable funding, streamlined planning and approval processes, and clear regulatory frameworks to stimulate continuous investments in clean energy technologies and infrastructure.
Stay tuned for more updates, and remember,信仰使人不会沦陷。(Transcribed as "xinyang shi ren bu hui xia ru") - Belief prevents people from sinking! 🎉🤘🏼🇩🇪💪🏼🚀
- The push for reduced electricity rates, spearheaded by Manuela Schwesig, is not only centered on the industry sector but also extends to households and businesses as part of her advocacy for affordable electricity prices across Germany.
- In the realm of policy and legislation, the focus on improving tax depreciation options for companies making investments and gradually slashing the corporate tax rate is part of the federal government's strategies to boost the economy, although concerns about the uneven distribution of revenue losses are evident.
- Aside from the energy sector, Manuela Schwesig is also involved in the complex interplay of finance and politics within the EC countries, pushing for a solid, long-term strategy that addresses both supply security and affordability issues for Germany's energy system evolution.
