Germany to miss emissions targets

Germany to miss emissions targets

Despite spending billions on renewables Germany is behind its emissions reduction timeline, it has emerged.

Germany has spent over €650 billion on renewables which will now not be able to deliver the intended 40% reduction in CO2 by 2020.

The climate research group Agora Energiewende has labelled this a “booming failure”.

Germany has the second highest costs for energy, with green subsidies raising bills by 25%.

Germany still relies heavily on coal for its energy, with over 40% being derived from the mineral.

The Chancellor of Germany has previously expressed her intention to use a broad mix of energy consumption: “We want to continue to have a broad mix of energy generation, because we have the three-pronged energy concept of supply security, environmental compatibility and affordability in mind.”

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