Germany Set to Miss 2030 Emissions Goals, Climate Adviser Warns

21 hours ago 3

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(Bloomberg) — Germany is likely to miss key climate targets as it waters down emission-reduction programs, an advisory group said Monday.

Financial Post

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The government in March set out an €8 billion ($9.3 billion) plan to slash carbon as it chases a 2030 goal to cut emissions by two-thirds from 1990 levels. But the Council of Experts on Climate Change now warns the country may exceed its target by as much as 100 million tons of CO2.

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Emission reductions are “likely to be considerably lower than assumed by the federal government,” Barbara Schlomann, chairwoman of the panel, said in a report. “There is an urgent need for political action.”  

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With the Iran war driving up costs for households and businesses, Chancellor Friedrich Merz’s coalition is under pressure to revive Germany’s stagnant economy. Last week the government agreed to abandon a heating law that mandated a certain share of renewable energy in new buildings. The cabinet has also approved plans for new gas-fired power plants.

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The German Environment Agency published a much more optimistic outlook shortly before Merz took office last year, predicting the country was on track to meet 2030 climate targets. A spokesperson for the agency said Monday that the panel’s report provides “valuable feedback” which will be studied closely.

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Among steps to dilute climate commitments, the government has also approved gas drilling in a protected marine zone in the North Sea; proposed a rollback of energy-efficiency rules for companies; and suggested scrapping a requirement for grid operators to prioritize renewable-energy connections.

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Last week, the coalition also agreed not to increase carbon pricing next year, in line with a European Union move to delay the bloc’s carbon market for heating and transportation fuels. Germany recently stepped up a push to secure greater flexibility in EU rules on car emissions.

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