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Bosch Chairman Says Business Must Do More for Climate Protection, Even in Difficult Times

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Business must do even more for climate protection, even in difficult times, said Franz Fehrenbach, chairman of the Bosch board of management, an a talk at the Baden-Württemberg sustainability congress held in Stuttgart on 25 March ( Nachhaltigkeitskongress Baden-Württemberg 2009 ). In Fehrenbach’s view, this would be a breach of trust.

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ifo Institute study projects ban on combustion engines in 2030 would affect 600K jobs in German manufacturing

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To estimate the environmental effects of the ban, the economic research group developed a forecasting model to compare carbon dioxide emissions with and without the contemplated legislation through the year 2050. This would result in an increase in average electricity prices of around 0.5%, according to the forecast.