The federal government has introduced a draft climate law aiming for national climate neutrality by 2040. Currently in a review period until October 30, the proposal seeks to eliminate net greenhouse gas emissions a decade ahead of the EU target.
The , led by President Georg Knill, has issued a formal warning against the plan. In a letter to Chancellor , the group argues the law exceeds EU requirements and could weaken the domestic green tech sector.
Industry leaders claim the 2040 goal threatens to increase costs for food, fuel, and housing while forcing companies to relocate production abroad. They argue these stringent regulations may undermine Austria's economic stability and industrial competitiveness.