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Germany to exit coal power “well before 2050”

Reuters reported at the beginning of May 2016 that “according to a draft environment ministry document”, coal-fired power production in Germany should come to an end “well before 2050”.

The draft document:

• says that CO₂ emissions from the energy sector will need to be halved by 2030 compared to 2014 levels;
• proposes setting up a committee to come up with recommendations on how to phase out coal while averting economic hardship for those working in coal-producing regions;
• calls for a faster expansion of renewables than currently envisaged and says support for solar power needs to be increased;
• says the amount of energy produced by green sources should increase by around 75 percent by 2030;
• says that support for research into energy-storage technologies should be doubled over the next 10 years;
• says that the government will also push for a stricter European emissions trading system and is considering whether an additional levy on petrol, heating oil and gas would increase demand for green technologies.

Source and link: http://www.reuters.com/article/us-germanyenvironment-coal-idUSKCN0XU1R1

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