{"id":1162463,"date":"2020-01-29T07:53:58","date_gmt":"2020-01-29T13:53:58","guid":{"rendered":"https:\/\/www.mining.com\/?p=1012386"},"modified":"2020-01-29T07:53:58","modified_gmt":"2020-01-29T13:53:58","slug":"germany-moves-forward-with-55bn-plan-to-phase-out-coal-power-by-2038","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1162463","title":{"rendered":"Germany moves forward with $55bn plan to phase out coal power by 2038"},"content":{"rendered":"<p>German Chancellor Angela Merkel\u2019s<br \/>\ncabinet has approved legislation setting a detailed schedule for the phase out of<br \/>\nmore than 100 coal-fired power stations across Europe\u2019s largest economy by 2038.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The timetable follows an agreement<br \/>\nreached earlier this month between Germany\u2019s government and its coal-producing<br \/>\nstates&nbsp;to kick off the shutdown of their fossil fuel-fired power plants as<br \/>\npart of the country\u2019s efforts to fight climate crisis<\/p>\n<p>The deal, which also implies shutting<br \/>\ndown the mines that feed those plants, sees the government paying up to 40<br \/>\nbillion euros ($44bn) in structural aid to the affected coal states of<br \/>\nBrandenburg, North-Rhine Westphalia, Saxony and Saxony-Anhalt in the next 18<br \/>\nyears.<\/p>\n<p>Merkel\u2019s administration will take<br \/>\nfurther measures worth up to 4.8 billion euros ($5.3bn) in compensation to<br \/>\nemployees affected by the coal exit law until 2043, and a further 6 billion<br \/>\neuros to utilities.<\/p>\n<p>Germany\u2019s timetable, however, could present challenges to the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/speech_20_139\" >European Union\u2019s efforts to cut its greenhouse gas emissions<\/a> sooner \u2014 <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/ec.europa.eu\/clima\/policies\/strategies\/progress_en\" >by at least 40% by 2030<\/a>. Most of the 28 EU states aim to become carbon-neutral by 2050\u00a0\u2014that is, carbon emissions should be balanced by carbon-reduction measures. Poland, however, relies heavily on coal and has a temporary exemption.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/planned-coal-exit-germany-1024x738.jpeg\" alt=\"\" class=\"wp-image-1012388\" srcset=\"https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/planned-coal-exit-germany-1024x738.jpeg 1024w, https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/planned-coal-exit-germany-300x216.jpeg 300w, https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/planned-coal-exit-germany-768x553.jpeg 768w, https:\/\/www.mining.com\/wp-content\/uploads\/2020\/01\/planned-coal-exit-germany.jpeg 1296w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<p>Germany is the world&#8217;s largest<br \/>\nproducer of lignite (or brown coal) and it fuels about 19% of the country&#8217;s<br \/>\nelectricity capacity. That kind of coal is considered the most polluting type because<br \/>\nits low heat content means more must be burned and it contains a large amount<br \/>\nof impurities such as toxic chemicals.<\/p>\n<p>Late last year, the German government agreed not to force hard coal power plants \u2014 which rely on imported raw material \u2014 to close over the next seven years. The government plans to use a mixture of subsidies and tenders to encourage operators to close hard coal plants beginning this year.<\/p>\n<p><em>With files from Bloomberg.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government has approved legislation that sets out the timetable to close more than 100 coal power plants across the country.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1035,949,369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162463"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1162463"}],"version-history":[{"count":8,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162463\/revisions"}],"predecessor-version":[{"id":1162580,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1162463\/revisions\/1162580"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1162463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1162463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1162463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}