Merkel: Price of Inaction on Climate Far Higher Than Action

The transcript discusses the importance of taking action against CO2 emissions, emphasizing that the cost of inaction is higher. It highlights the responsibility of industrialized countries, particularly the G20, which produce 80% of emissions. Germany's top position in the Bloomberg Innovation Index is noted, attributed to its automotive industry's transformative efforts. The focus is on allowing market forces to drive the shift from CO2 to CO-free mobility.

What transformation is the automotive industry in Germany currently undergoing?

What challenges are associated with the transition from CO2 mobility to CO-free mobility?