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Climate targets too high? Building renovation according to plan would cost three trillion euros

A huge avalanche of costs is rolling towards homeowners and renters in Germany.

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Climate targets too high? Building renovation according to plan would cost three trillion euros

A huge avalanche of costs is rolling towards homeowners and renters in Germany. If the climate protection goals for the building sector are actually to be achieved by 2030 and 2045, enormous financial resources must be invested in more efficiency, new heating systems, energy production and storage. In a current analysis, the consulting company EY estimates the necessary renovation costs for residential buildings alone at three trillion euros. At first glance, the climate goals look like a solvable task - WELT explains why they are nevertheless very ambitious.

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