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


  • World
  • Thursday, 16 Jan 2020

FILE PHOTO: German Chancellor Angela Merkel speaks at a joint news conference with Russian President Vladimir Putin in the Kremlin in Moscow, Russia, January 11, 2020. Pavel Golovkin/Pool via REUTERS

BERLIN (Reuters) - Germany has reached an agreement with the regions most affected by a plan to phase out the use of brown coal, or lignite, for its power plants by providing about 40 billion euros (34.50 billion pounds) in aid, a document reviewed by Reuters showed.

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.

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