Industry spends billions on environmental protection
10.4% of all investments by industry in 2016 was allocated to environmental protection equipment. The Federal Statistical Office report shows that the specific amount was 8.4 billion euros.
11 Sep 2018 David SchahinianShare
The equipment is meant to reduce, avoid and eliminate emissions into the environment or help use resources in a less harmful manner. 3.1 billion euros were spent for wastewater management, such as for neutralization and sewage treatment plants. Climate protection placed second, at 2.7 billion euros. This includes taking energy efficiency measures. There were addition major investments in waste management and air pollution control. Although industrial investment in environmental protection fell by 2.1% in 2016 compared to the previous year, the
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