Costs major hurdle to reaching climate neutrality in 2045 – local utilities
More than two-thirds of municipal utilities in a survey by the German Association of Local Utilities (VKU) consider the country's target to reach climate neutrality by 2045 to be unrealistic under current framework conditions. The biggest hurdles to reaching climate neutrality, according to managing directors, were high costs for municipal companies, businesses and citizens (37%), unclear financing (20%) and extensive bureaucracy (18%). Out of a total of 1.584 companies, 536 took part in the survey.
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