"A coal phaseout by 2030, more electric vehicles and rapid renewables expansion: Germany's new coalition has promised a climate bonanza. But can the ambitious targets be hit?"

"As Germany's new coalition government — comprising center-left Social Democrats (SPD), environmentalist Greens and the business-focused Free Democrat Party (FDP) — readies to take power, it has made bold climate policy the cornerstone of the alliance.

An agreement thrashed out by the three parties was released this week and includes climate measures designed to keep Germany "on the path to 1.5 degrees" Celsius (2.7 Fahrenheit), promised Robert Habeck, the Green Party co-chair and Germany's likely next vice chancellor.

The measures include phasing out coal power by 2030, eight years ahead of the current schedule, powering 80% of the electricity grid with renewables within a decade and putting 15 million electric vehicles on German roads by 2030. The deal also proposes phasing out gas for power by 2040 and setting a minimum carbon price of €60 per ton ($68)."

Stuart Braun reports for DW November 26, 2021. [2]

SEE ALSO:

"German Coalition Proposes a Combustion-Car Ban Without Saying So" (Bloomberg Green) [3]

"Germany’s New Climate Policies Fall Short of Greens’ Promises" (Bloomberg Green) [4]