Germany is first major economy to phase out coal and nuclear

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German lawmakers have finalized the country's long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn't ambitious enough and free marketeers criticize as a waste of taxpayers' money.

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 to help affected regions cope with the transition.

Greenpeace and other environmental groups have staged vocal protests against the plan, including by dropping a banner down the front of the Reichstag building Friday. They argue that the government's road map won't reduce Germany's greenhouse gas emissions fast enough to meet the targets set out in the Paris climate accord.

Germany closed its last black coal mine in 2018, but it continues to import the fuel and extract its own reserves of lignite, a brownish coal that is abundant in the west and east of the country. Officials warn that the loss of mining jobs could hurt those economically fragile regions, though efforts are already under way to turn the vast lignite mines into nature reserves and lakeside resorts.

Katja Suding, a leading FDP lawmaker, said the government should have opted to expand existing emissions trading systems that put a price on carbon, thereby encouraging operators to shut down unprofitable coal plants.

 

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Why nuclear, Can't believe people are still scared about nuclear xD it's the cleanest most economically sound form of energy at the time. Solar and wind are cleaner but not economical, gas and coal are economical but not clean, nuclear is the best thing until we have fusion

Mistake to lose nuclear.

Judging by that picture of a cooling tower against a cloudy day backdrop, I guess they're going to pray continuously for sunshine, wind, and some new crackpot version of cold fusion.

I’m sure the libs will love Germany’s new plan involving the Russians

Lol, good luck

Is this before or after the new coal generators start up?

There is an oversight in the article, as Tweeted by CTV. it was drafted by the AP, an American company & for an American audience, when CTV tweeted, they should’ve paid attention to the supposedly 40 billion euros that Germany’s expending, 40b euros makes 60 billion cad & 45 USD

Germany produces 40% of it's energy with coal. Canada 9%.

Ouch that's going to hurt. Will they rely on human hamster wheels then?

And buy natural gas from Putin’s buddies who run the oil and gas industry. Russia will have great leverage to control the German economy.

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