Berlin voters on a proposal Sunday that would force the German capital to drastically ramp up its climate goals.
as the planet warms. By contrast, redesigning Berlin's city-wide heating network so it becomes carbon neutral is estimated to cost 4 billion euros, she said.
The biggest chunk — over 400,000 euros — came from German-American investors Albert Wenger and Susan Danziger. The party has proposed increasing the budget for climate-related measures by 5 to 10 billion euros, but Evers said the investments required if the referendum passes would break the bank. Strong criticism of the plan has also come from newspapers owned by German media giant Axel Springer. Its biggest shareholder is American investment firm KKR, which has sizeable financial interests in the fossil fuel industry.
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