Austria to enshrine 2040 climate neutrality into law

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On Friday, the coalition government of the Austrian People's Party (ÖVP), the Social Democrats (SPÖ), and the Liberals (FPÖ) announced an agreement on a new climate law, including a target of climate neutrality by 2040. However, while the federal government intends to initiate a multi-billion-euro transformation of the economy and society, its own ministers are already contradicting each other on a key question: What will happen to the billions …

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GRAZ. According to the government plans for a climate law presented on Friday, Karl Steininger, climate expert at the University of Graz, has assessed the individual known aspects.

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Together with an agreement on drought aid, the government also launched a climate law on Friday. Central point is the anchoring of a climate neutrality by 2040. According to the government plans, the still open climate roadmap is to stand by the end of 2027. Persistent headwind comes from the opposition.