{"id":278992,"date":"2023-09-16T14:07:50","date_gmt":"2023-09-16T12:07:50","guid":{"rendered":"https:\/\/climatescience.press\/?p=278992"},"modified":"2023-09-16T14:08:04","modified_gmt":"2023-09-16T12:08:04","slug":"economic-suicidegermany-passes-controversial-green-heating-law-estimated-to-cost-economy-e1-trillion","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=278992","title":{"rendered":"Economic Suicide:Germany passes controversial green heating law estimated to cost economy \u20ac1 trillion"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From \u00a0JUNGE FREIHEIT<\/strong><\/p>\n\n\n\n

By REMIX<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

A law would require newly installed heating systems to be powered by at least 65 percent renewable energy<\/em><\/strong><\/p>\n\n\n\n

After six months of fierce debate, Germany\u2019s left-wing government has passed the country\u2019s controversial green heating law, the Building Energy Act (GEG), with high estimates indicating the law will cost Germany\u2019s economy over \u20ac1 trillion over the next 20 years.<\/p>\n\n\n\n

While politicians belonging to Germany\u2019s three-way politician applauded the heating law coming into force on Friday last week, the political fallout has likely yet to be fully realized.<\/p>\n\n\n\n

Many Germans \u2014 already struggling with inflation and a slowing economy \u2014 balked at the mandate to install new expensive heating systems, with the law being rejected by the majority of the populace, according to polling. The government is also being accused of a hasty legislative process and a lack of parliamentary hearings, calling into question the democratic basis for the law in its entirety.<\/p>\n\n\n\n

The law mandates that Germans with older heating systems replace them within a certain time period, although the final bill passed watered down some requirements and carved out some exceptions. Nevertheless, the final cost of the bill is still expected to be enormous, with high estimates placing it at \u20ac1 trillion and lower estimates hovering at \u20ac600 billion.<\/p>\n\n\n\n

Many Germans have all of their savings in their home, and for many seniors, their homes, often featuring older heating systems, have seen their value take a hit due to the law. At the same time, in the coming years, they will be forced to make costly heating upgrades \u2014 usually in the form of a heat pump and the associated costs of making it work efficiently inside a building \u2014 to meet new green standards. Experts are also warning that landlords will have an incentive to increase rents in response to the Building Energy Act.<\/p>\n\n\n\n

The problem is that approximately three-quarters of the old buildings in Germany were built before the first thermal insulation regulations came into force in 1979. Many of these buildings will now need to be made energy efficient, representing an enormous cost burden at a time when Germany has also phased out nuclear power and the price of energy, particularly oil and natural gas, has soared.<\/em><\/strong><\/p>\n\n\n\n

The Free Democrats (FDP), usually seen as a pro-business party, first fought their coalition partners on the proposed law, but in the end, the liberal party helped pass the law on Friday. There are already signs the FDP is paying the price for its decision, with the latest YouGov poll putting the party at just 5 percent, which is the threshold for entering the German parliament.<\/p>\n\n\n\n

\u201cThere is fear among the population,\u201d shouted Alexander Dobrindt (CSU) in parliament. He said it is \u201cthe height of disrespect\u201d for the citizens to pass the law and that the CSU would work to abolish it.<\/p>\n\n\n\n

The Alternative for Germany (AfD), which saw its polling numbers soar around the same time the heating debate raged, has also said it will abolish the law should it come to power, saying it is an arduous tax on German businesses, pensioners, and those who invested in a home or apartment.<\/p>\n\n\n\n

\u201cThe AfD faction strictly rejects Habeck\u2019s (\u2026) heating hammer. Despite severe criticism, the law was neither postponed nor defused,\u201d said Marc Bernhard, a parliamentary spokesperson for the AfD. <\/strong>\u201cThe tricky thing about the law, however, is that the heating has to be torn out again if it does not meet the municipalities\u2019 heat planning required by 2028. In this way, the government is hiding the devastating consequences for millions of people and is transferring the risk of the heat transition to the citizens.\u201d<\/p>\n\n\n\n

He further pointed out that the nuclear power plants would save twice as much CO2 if they were allowed to continue to operate.<\/p>\n\n\n\n

As Remix News\u00a0reported last year<\/a>, the proportion of poor people in\u00a0Germany<\/a>\u00a0reached a new high, according to the Federal Statistical Office, with the data highlighting a sea change in the German economy. The report also only covered data up until the end of 2021 before the dramatic increase in food and energy prices in 2022.<\/p>\n\n\n\n

Read full story here\u2026<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The problem is that approximately three-quarters of the old buildings in Germany were built before the first thermal insulation regulations came into force in 1979. Many of these buildings will now need to be made energy efficient, representing an enormous cost burden at a time when Germany has also phased out nuclear power and the price of energy, particularly oil and natural gas, has soared.<\/p>\n","protected":false},"author":121246920,"featured_media":278999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691822652,691822651,691818051,691819200],"class_list":{"0":"post-278992","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-e1-trillion","9":"tag-building-energy-act-geg","10":"tag-germany","11":"tag-heating-systems","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/09\/00pentagon-trillion-dollars-1200x640-1-1024x546-2.webp?fit=1024%2C546&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1azS","jetpack-related-posts":[{"id":262494,"url":"https:\/\/climatescience.press\/?p=262494","url_meta":{"origin":278992,"position":0},"title":"Germany\u2019s Costly Energy Conundrum: Poor Planning and Bad Choices, 1 Trillion Dollars Needed.","author":"uwe.roland.gross","date":"17\/06\/2023","format":false,"excerpt":"Germany finds itself facing an astronomical challenge of plugging a massive power gap,\u00a0one according to BloombergNEF that could cost the country over $1 trillion by 2030\u00a0.","rel":"","context":"In \"1 Trillion Dollars\"","block_context":{"text":"1 Trillion Dollars","link":"https:\/\/climatescience.press\/?tag=1-trillion-dollars"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/01-trillion-dollar.jpg?fit=1200%2C625&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/01-trillion-dollar.jpg?fit=1200%2C625&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/01-trillion-dollar.jpg?fit=1200%2C625&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/01-trillion-dollar.jpg?fit=1200%2C625&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/06\/01-trillion-dollar.jpg?fit=1200%2C625&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":238390,"url":"https:\/\/climatescience.press\/?p=238390","url_meta":{"origin":278992,"position":1},"title":"Germans Required To Replace 30-Year Old Gas Furnaces\u2026New Oil Furnaces Banned Starting 2026","author":"uwe.roland.gross","date":"07\/01\/2023","format":false,"excerpt":"New law bans new oil heating systems in private buildings beginning in 2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/03dabwrtsrf9q.webp?fit=900%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/03dabwrtsrf9q.webp?fit=900%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/03dabwrtsrf9q.webp?fit=900%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/01\/03dabwrtsrf9q.webp?fit=900%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":266143,"url":"https:\/\/climatescience.press\/?p=266143","url_meta":{"origin":278992,"position":2},"title":"Masses Fightback: Germans Mobilize Against \u20acTrillion Wind & Solar \u2018Transition\u2019\u00a0Disaster","author":"uwe.roland.gross","date":"08\/07\/2023","format":false,"excerpt":"You can fool some of the people, some of the time. 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