Germany to Phase Out Coal by 2038
|01/27/2019||Posted by BusinessMediaguide.Com under General World News||
A government-appointed commission laid out a plan Saturday for Germany to phase out coal use by 2038.
The commission — made up of politicians, climate experts, union representatives and industry figures from coal regions — developed the plan under mounting pressure on Europe’s top economy to step up efforts to combat climate change.
“This is a historic day,” the commission’s head, Ronald Pofalla, said after 20 hours of negotiations.
The recommendations, which involve at least $45.6 billion in aid to coal-mining states affected by the move, must be reviewed by the German government and 16 regional states.
While some government officials lauded read more >>>