Auto industry: VW boss Herbert Diess: “I would like a higher CO2 tax from politics”

VW boss Herbert Diess

Davos VW-Boss Herbert Diess demands a much higher one from politics Price for climate-damaging carbon dioxide emissions, “I think the price is too low. I would still like to see a higher CO2 tax from politics, ”said the CEO of the world’s largest automobile group to the“ Frankfurter Allgemeine Zeitung ”(FAZ / Friday) in Davos on the sidelines of the annual meeting of the World Economic Forum.

For the coming year, the federal government is targeting a price of initially 25 euros per tonne of CO2 emissions, “Let’s have a look around Europe: In Sweden we have more than 100 euros per ton and that works well,” Diess told the paper. Climate activists and environmental organizations had criticized the climate package originally put together by the federal government as inadequate at ten euros per ton – the federal and state governments had then agreed on an initial price of 25 euros per ton. The CO2 price increases the price of fossil heating and fuel for traffic and buildings.

This is considered a decisive advocate for electric cars and will put a lot of money on this card in the coming years with the Group’s new e-models. Car corporations that fail to meet the EU’s stricter CO2 emissions targets by 2021 at the latest are at risk of billions in fines.

Diess recently also tried to give the Wolfsburg car giant a greener image and, among other things, called for a faster turn to renewable energies.

“At the moment it helps us more that Tesla shows how it’s done, ”said Diess, referring to the US electric car pioneer who is successful on the market with his electric cars. “We are still pretty sure that we can keep up if we start up quickly in electromobility and develop the necessary software skills.” But Tesla will continue to grow quickly and will probably remain the sharpest challenger.

More: Investor Frank Thelen is a Tesla driver and shareholder. For the Handelsblatt, the founder analyzes Elon Musk’s success story – and prophesies VW and Co. a bleak future. A guest post,

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