A government-appointed expert panel on Monday proposed a two-stage system for distributing some of the up to 200 billion euros (US$195 billion) in subsidies Germany has announced to ease the strain of high energy prices, a plan that the group said would still encourage people to save gas.
The panel suggested that the state take on the cost of natural gas customers' monthly bill in December, followed by a price subsidy for part of their consumption starting next spring.
Grimm argued that the plan still incentivizes people to save gas, because people who do so will avoid paying higher prices beyond the cap level. She noted that Germany, which has Europe's biggest economy, needs to reduce its previous gas consumption by about 20% to prevent a potential shortage this winter.
"This is not just about the fate of individual companies and their jobs; it is about the strength and the export successes of German industry, because they are the backbone of the German economy," he said. Scholz argues that the criticism is based on a misunderstanding of his government's plans and says Germany's subsidy will prevent a shortage of gas that might occur under a system of enforced price caps proposed by other countries. He also has noted that it applies to a relatively long period.
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