Politics

German Green Power Targets Wobble in Merkel Policy Revamp

  • Lawmakers row over scale of green power needs to meet EU goal
  • Social Democrats champion faster wind, solar build-out
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Germany is revamping expansion plans for wind and solar power over the coming decade, exposing differences within the government over just how much is needed to meet Europe’s carbon reduction goals.

A bill now in parliament aims to set new targets and financial support for clean power to accommodate Europe’s plan to bump up carbon emissionBloomberg Terminal cuts to 55% by 2030. Lawmakers from Chancellor Angela Merkel’s coalition are divided over the targets’ scope, with Social Democrats backing energy think tanks and utilities calling for a much faster build out of renewables than earmarked in the bill.