In a statement, Annalena Baerbock, the head of Germany’s Green Party said, it will seek to support the country’s industry’s aim to slash carbon emissions by ensuring that the state helps meet additional costs companies incur. She went on t add, Germany would receive binding assurances on the support on offer.

“We are proposing a new deal to German industry. Instead of hindering progress and fending it off, I want to make it possible,” she said.

While Germany has committed to meeting net zero emissions for planet-warming greenhouse gases by 2045, it is in the process of mapping out a path on how to meet that goal and what the transition requires.

The Green Party is supportive of replacing fossil-fuel based home heating systems as well as gas guzzling cars fuelled with renewable electricity.

Baerbock, who was named in April as candidate for the chancellorship in general elections in September, has reconfirmed that position.

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