called for a new carbon tax in Germany on Tuesday, stating that a "better and fairer energy transition" was possible.
In a printed statement issued at the German firm's annual shareholders meeting on Tuesday, CEO Johannes Teyssen said that the levy would generate 25 billion euros in tax revenues for the German Finance Ministry. Teyssen explained that while electricity in Germany had become "increasingly green" the conversion of its "entire energy system" was supposed to be financed by customers through electricity prices. "As a result, clean electricity has become more and more expensive relative to dirty fossil fuels," he added. Customers with lower incomes were financing the country's energy transition, he said.
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