Germany unveils $60 billion plan to fight the climate crisis

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Germany unveils $60 billion plan to fight the climate crisis
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Germany unveiled a 54 billion euros ($60 billion) package over the next four years to speed up the country's transition to renewable energy and reduce carbon emissions.

As tens of thousands took to the streets of Berlin and other major cities around the world to demand urgent action to tackle the climate crisis, Germany's coalition government unveiled a new package of policies that could also help shore up Europe's biggest economy. Speaking at a news conference to present the plan, Chancellor Angela Merkel acknowledged that Germany was falling short of its original goal of cutting carbon emissions by 40% from 1990 levels by 2020.

" The measures won't mean additional government borrowing, allowing Germany to continue its policy of balancing its budget. Environmental activists said the government has missed an opportunity. "I am deeply disappointed," said Annalena Baerbock, leader of Germany's opposition Green Party, on Twitter."What the climate needed was fast, forceful, binding. What we got was slow, feeble and non-binding.

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