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Germany the first major economy to phase out coal and nuclear

Germany is first major economy to phase out coal and nuclear, Economic Times, 3 July 20

The plan is part of Germany’s ‘energy transition’ – an effort to wean Europe’s biggest economy off planet-warming fossil fuels and generate all of the country’s considerable energy needs from renewable sources…….

Bills approved by both houses of parliament Friday envision shutting down the last coal-fired power plant by 2038 and spending some 40 billion euros ($45 billion) to help affected regions cope with the transition.

The plan is part of Germany’s ‘energy transition’ – an effort to wean Europe’s biggest economy off planet-warming fossil fuels and generate all of the country’s considerable energy needs from renewable sources…….

Bills approved by both houses of parliament Friday envision shutting down the last coal-fired power plant by 2038 and spending some 40 billion euros ($45 billion) to help affected regions cope with the transition.The plan is part of Germany’s ‘energy transition’ – an effort to wean Europe’s biggest economy off planet-warming fossil fuels and generate all of the country’s considerable energy needs from renewable sources.

“The days of coal are numbered in Germany,” Environment Minister Svenja Schulze said. “Germany is the first industrialized country that leaves behind both nuclear energy and coal.”……
Schulze, the environment minister, said there would be regular government reviews to examine whether the end date for coal can be brought forward. She noted that by the end of 2022, eight of the country’s most polluting coal-fired plants will have already been closed………

This week, utility companies in Spain shut down seven of the country’s 15 coal-fired power plants, saying they couldn’t be operated at profit without government subsidies.

But the head of Germany’s main miners’ union, Michael Vassiliadis, welcomed the decision, calling it a “historic milestone.” He urged the government to focus next on an expansion of renewable energy generation and the use of hydrogen as a clean alternativ ..

July 4, 2020 - Posted by | climate change, Germany

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