German officials agree plan to exit coal-fired power by 2038

German officials have agreed on a plan to shut down the nation’s coal-fired power plants by the mid to late 2030s that will involve operators getting billions of euros in compensation, the government said yesterday. A year ago, a government-appointed panel recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of efforts to curb climate change.

However, efforts to translate that into policy had stalled over recent months. Some areas, particularly in the less prosperous east, are heavily dependent on lignite coal mining. Federal government officials and governors of affected states agreed on a “path to shut down” coal-powered plants at a meeting that ended in the early hours of Thursday, the government said.

 

German officials agree plan to exit coal-fired power by 2038

German officials have agreed on a plan to shut down the nations coal-fired power plants by the mid to late 2030s that will involve operators getting billions of euros in compensation, the government said yesterday. A year ago, a government-appointed panel recommended that Germany stop burning coal to generate electricity by 2038 at the latest, as part of efforts to curb climate change. However, efforts to translate that into policy had stalled over recent months. Some areas, particularly in the less prosperous east, are heavily dependent on lignite coal mining. Federal government officials and governors of affected states agreed on a path to shut down coal-powered plants at a meeting that ended in the early hours of Thursday, the government said.