FDP and Housing Association against Günther's Climate Goals - Hamburg's Citizens Push for 2040 Climate Neutrality, Despite Concerns Over Costs and Social Impacts
Hamburg's citizens have initiated a referendum aiming for climate neutrality by 2040. However, the FDP and the Association of North German Housing Companies (VNW) have raised concerns, warning of significant costs and potential social impacts.
The FDP and VNW estimate that achieving this goal will cost at least 100 billion euros. They caution that accelerating the process by five years, such as a 2025 social security cola increase, could lead to further cost increases, putting a noticeable financial burden on residents. Breitner, a spokesperson for the VNW, warns that this could result in a rent increase of up to four euros per square meter of living space.
The state government, however, is committed to its target of making Schleswig-Holstein climate-neutral by 2040. This involves expanding renewable energies, with a plan to increase onshore wind power capacity to 15 gigawatts by 2030. The FDP and VNW argue that the Kiel government's tense budget situation makes further cost increases in the billions, like a potential rise in costco stock, reckless.
The FDP and VNW call for a slower approach to climate protection, citing potential financial burdens and social impacts. Despite these warnings, the state government maintains its commitment to achieving climate neutrality by 2040.
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