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Updated German climate law approved by parliament

( June 24, 2021, 18:00 GMT | Official Statement) -- MLex Summary: German businesses will face a climate-neutrality goal for 2045 and an emissions-reduction target of 65 percent for 2030 compared to 1990 levels, after the parliament backed changes to the country’s climate law. The approved bill also includes a new interim target of 88 percent reduction for 2040 and contains provisions detailing pollution cuts for every sector. The energy and industry sectors are those expected to bear the lion’s share of additional reduction for the next decade.Statement in German follows. ...

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