CO2 charge should benefit the poor: German Minister

BERLIN (AP) — Germany’s Environment Minister said plans to put a price on carbon should benefit people on low incomes and those who use less fossil fuel.

Svenja Schulze said yesterday that a surcharge for carbon dioxide emissions from transport and home heating to encourage reduced use of fuel is necessary for Germany to meet its targets for cutting greenhouse gas emissions.

Her office commissioned three independent expert studies, which all recommended redistributing the income generated.

The idea is to ensure low-earners and families aren’t unduly burdened by the measure, and they could end up with a net income gain.

Schulze said, “The less you drive, the less oil you burn, the more you’d get.”

Individuals would get up to EUR100 (USD112.88) each back per year under current proposals.