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Germany to be climate neutral by 2045, under proposed climate law tweaks

By Giulia Bedini ( May 5, 2021, 16:21 GMT | Insight) -- German businesses could face a net-zero emissions goal by 2045, instead of the EU target of 2050, and a 65 instead of 55 percent pollution cut within the next decade, according to plans presented today by the country’s environment and finance ministers. The stricter climate goals could mean higher carbon prices for companies, as well as an increase in the share of power produced from renewable resources.German businesses could face a net-zero emissions goal by 2045, instead of the EU target of 2050, and a 65 instead of 55 percent pollution cut within the next decade, according to plans presented today by the country’s environment and finance ministers to tweak the country’s 2019 climate law. ...

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