The involvement of older people in the working world will be crucial for securing Germany's wealth in the future. With the aid of target-oriented reforms, Germany's economic performance in 2030 could be 10 percent higher than if the current situation stays the same. The difference per person and year could be as much as 3,500 Euro, according to the group study "Demography and Growth", conducted on behalf of INSM by the Institute for the World Economy (IfW), the Rhenish-Westphalian Institute for Economic Research (RWI) and the Centre for European Economic Research (ZEW).
A study conducted by the Institute of Energy Economics at the University of Cologne (EWI) on behalf of the INSM, shows that the cost for the promotion of renewable energies will keep rising until 2018. The scientists expect the annual additional costs for consumers to increase up to 26 billion Euro in 2018.
"The federal government is consistently and gradually implementing the energy turnaround. Among other things this concerns grid expansion and the competitiveness improvement of renewable energies. We are on a good track with this and engage in a dialog with the federal states, the economy and the general public. Transparency and a broad societal acceptance is a major key for the success of the energy turnaround", said Pofalla at the Hauptstadtforum (Capital City Forum).
The vast majority of German businesses reject the implementation of the energy turnaround in its current form. 70 percent do not think that the EEG levy, which finances the expansion of renewable energies, is the right instrument.
A competition-oriented financing model would make the expansion of renewable energies in the next eight years up to 52 billion euro cheaper. This is the result of a study by the Rheinisch-Westfälisches Institute for Economic Research (RWI) that was conducted for the Initiative for a New Social Market Economy.