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German discounter hikes prices to reflect environmental cost

02:43

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Dan Hirschfeld
August 4, 2023

German discount chain Penny is raising the prices of some products, so that they reflect the effect of the production on the environment and the climate impact. And not everyone is happy.

Skip next section More on Business from Europe

More on Business from Europe

European Central Bank announces 0.25% rate cut

The ECB says inflation in the euro zone is increasingly under control.
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Making it in Germany: AI expert Han Xiao

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Could new EU tariffs on Chinese cars backfire?

Europe has voted to raise tariffs on electric cars from China by up to 35%. China has threatened to retaliate — will it?
BusinessOctober 4, 202402:58 min
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More on Business from around the world

Why has bitcoin reached a new high?

Ever since Donald Trump won last week's election, Bitcoin has been going through the roof.
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'Inclusive institutions key to nations' economic success'

DW's Janelle Dumalaon sat down Nobel Prize winner James Robinson to find out why some nations succeed and some fail
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BRICS leaders discuss dollar alternative

The leaders of some emerging economies are meeting to discuss how to reduce dependence on the US dollar.
BusinessOctober 24, 202401:56 min
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DW's Top Story

Middle East: Israel-Hezbollah cease-fire begins

The truce comes after over a year of fighting that has killed thousands of people. DW has the latest.
ConflictsNovember 27, 2024
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Africa

Cape Verde: 'Stories with Sweets' promotes child literacy

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Asia

Myanmar: How far will China go to keep junta afloat?

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Germany

Merkel defends controversial decisions at book launch

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PoliticsNovember 26, 2024
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Europe

Romania: First openly gay candidate runs for parliament

Romania: First openly gay candidate runs for parliament

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Middle East

Gazans lack shelter and blankets as winter approaches

Gazans lack shelter and blankets as winter approaches

ConflictsNovember 26, 202402:24 min
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North America

Laughing gas: How dangerous is the "balloon drug"?

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HealthNovember 26, 2024
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Latin America

El Salvador plots its future economic miracle

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