New climate law sparks dispute: 'Law without consequences'

Austria's government is celebrating a new climate law, agreed upon by the ÖVP, SPÖ, and Neos parties, which sets a target for the nation to achieve climate neutrality by 2040. SPÖ environmental spokesperson Julia Herr hailed the law as establishing one of Europe's most ambitious climate goals.

However, the legislation faces significant criticism from opposition parties and business associations. The Federation of Austrian Industries (IV) warned that Austria's "unilateral approach" with this compromise could damage the country's economic standing more than it helps combat climate change. The Austrian Federal Economic Chamber (WKÖ) echoed these concerns, cautioning against competitive disadvantages for Austrian firms and demanding equal regulatory conditions with European competitors.

Climate and Agriculture Minister Norbert Totschnig of the ÖVP attempted to allay these fears, emphasizing that the climate roadmap lacks sanctions. He also noted that the plan could be revised in case of "major economic disruptions" due to a location clause. This statement drew sharp criticism from the Green Party's deputy club leader, Sigrid Maurer, who accused Totschnig of championing a "climate law without consequences."

Austria has lacked a valid climate law since January 1, 2021. The new roadmap, due by the end of next year, will outline how to achieve the 2040 climate neutrality goal, which involves reducing emissions and offsetting unavoidable ones through climate projects. This target significantly outpaces the European Union's commitment to climate neutrality by 2050.

Further criticism came from FPÖ leader Herbert Kickl, who argued that exceeding EU requirements by aiming for 2040 neutrality would "drive industry out of Austria." The article notes that the past weeks saw significant drought, illustrated by a photo.