On a superficial view, climate protection is expensive. Regional bio-products are more expensive than industrially produced mass products. We consumers have to pay more for green electricity than for nuclear power. And gasoline for car travel costs less than a train ticket.
But the truth is that the lack of cost transparency hides how the prices really come about.
The truth is: climate protection creates social justice.
Two reasons for this: Firstly, the consequences of climate change hit the poorest harder than more adaptable, rich nations and populations, whether in Germany or in the rest of the world. Climate protection helps the most vulnerable.
Secondly, people on low incomes consume less and usually have a smaller carbon footprint. Nevertheless, they have to secretly pay the price of the oh-so desirable “fossil freedom”. Their tax money goes to people with a large CO2 footprint in the form of tax exemptions or subsidies.
Climate protection creates true costs.
And climate protection creates social justice between rich and poor, between strong and weak and between the generations of today and tomorrow.
Further reading
https://www.claudiakemfert.de/wp-content/uploads/2020/01/Green-Finance-The-Macro-Perspective.pdf
https://link.springer.com/content/pdf/10.1007/s10272-020-0896-y.pdf