German companies call for COVID-19 aid to be tied to climate action

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German companies call for COVID-19 aid to be tied to climate action
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German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported.

“We appeal to the federal government to closely link economic policy measures to overcome both the climate crisis and the coronavirus crisis,” more than 60 companies said in letter, ahead of the Petersberg climate dialogue starting on Monday.

Car makers are already lobbying to prevent the announced tightening of emissions limits on cars, airlines for a waiver on jet fuel taxes, and the plastics industry for an appeal of the ban on some plastics products. As part of the initiative, Bernhard Osburg, head of ThyssenKrupp’s steel unit, called for a climate economic stimulus programme, while Joerg Fuhrmann, Chief Executive at peer Salzgitter, said the state should encourage the replacement of coal with hydrogen in steelmaking.

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