Germany Finalize Coal Exit Law
Germany’s government has removed the last hurdles to finalising the country’s much-anticipated coal exit law.
clearing the way for a passage of the bill in parliament at the end of the week. The draft agreement grants operators of relatively new hard coal plants more compensation but also increases incentives for operators to shut down early or convert their installations into plants that run with hydrogen, biomass or natural gas. The proposed law has been criticised for failing to abide by the compromise found by Germany’s coal exit commission last year. But reseachers suggest that keeping coal plants running could become uneconomical much quicker than the proposed 2038 end date.
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