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Politics and industry must work together on green policy: BASF’s CEO

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Politicians in Germany need to work with industry leaders if the country wants to succeed in reducing its carbon emissions, according to Martin Brudermüller, chief executive of BASF, one of the world’s largest chemical producers.

“If we want to succeed in the decarbonization plans of Germany, but also the EU, we have to come to a totally new way of collaborating between industry and politics,” he told CNBC’s Annette Weisbach on Wednesday.

“What we currently see is that politics is engaging in one ambition after the other: Can it be 10 years faster? 10% more reduction? So it’s a race about ambition,” he noted. “I ask myself sometimes, whether society and politics needs to [have] a real…



Source cnbc.com

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