Along with much of the rest of the developed world, Germany has realized that our climate is undergoing change. German political leaders have agreed that steps must be taken in order to preserve our environment as a whole. Because of this, Germany is currently taking one of the leading roles in the EU on climate solutions. German Chancellor Angela Merkel has vowed to raise this issue during the upcoming G8 summit. Germany is also proposing to help the developing world, who would find it difficult to meet certain restrictions.
German luxury carmakers have long been criticized due to resistance of CO2 emissions standards. While this is true, the bottom line is that the automobile industry is one of Germany's most important when looking at GDP. Because of this, you would think that Germany would look the other way when its automakers are violating these restrictions. But, Germany is doing exactly the opposite. They are encouraging their automakers to meet emissions standards and offering incentives if they do so. This shows that Germany would rather contribute to a cleaner environment, than have their GDP be a bit higher. Support for a greener Germany is very widespread throughout the country and the EU as a whole. Because of this fact, a new market may open up for more environmentally friendly products in Germany. Therefore, this may lead to a higher GDP in the future for Germany.
Thursday, April 12, 2007
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