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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Germany's energy transition: executives in favor - but not at any price
6:00 AM MST | November 14, 2013 | Michael Ravenscroft
A large majority—77%— of executives in Germany are in favor of the country's Energiewende, or energy transition, according to a survey conducted by chemical industry association VCI (Frankfurt). Only 8% see implementation of the energy transition as a priority for the new federal government. At the same time, over one-third of respondents (37%) believe that the provisions of the renewable energy act (EEG) should be retained in their current form. The executives—established decision-makers and younger managers—believe that the energy...
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