Merkel, state leaders agree terms of brown coal exit: document

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Merkel, state leaders agree terms of brown coal exit: document
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Germany has reached an agreement with the regions most affected by a plan to pha...

An excavator of German utility RWE stands amid lignite in the open-cast brown coal mine of Garzweiler near Jackerath west of Cologne, Germany, January 15, 2020. REUTERS/Wolfgang Rattay

Chancellor Angela Merkel’s government wants to shut down all of Germany’s coal-fired power plants by 2038 at the latest as part of measures to help it achieve a target of cutting greenhouse gas emissions to 55% of their 1990 level by 2030. The paper said Merkel and the leaders of Brandenburg, Saxony, North-Rhine Westphalia and Saxony-Anhalt agreed on a plan for the decommissioning of brown coal plants that they want to finalize with utilities. Closing the power plants would also mean shutting the mines that feed them, adding to the economic cost of the shutdown.

Economy Minister Peter Altmaier, Environment Minister Svenja Schulze and Finance Minister Olaf Scholz will on Thursday unveil the details of the agreement. Details about the decommissioning timetable and compensation would be made public after talks with utilities.

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