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Germany is set to invest up to 5 billion euros this year to assist major factories in reducing carbon emissions through cleaner technology, with new funding conditions aimed at encouraging industries like steel and cement to remain in Germany while meeting climate goals. #SustainableManufacturing #CarbonEmissions #CleanTechnology #DE #EU
www.reuters.com
Germany allocates 5 billion euros to push heavy industry to cut CO2
BERLIN, May 5 (Reuters) - Germany will provide up to 5 billion euros ($5. 85 billion) this year to help major factories reduce carbon emissions by switching to cleaner technology, the economy ministry said on Tuesday.