07/02/2022

Germany’s Failed Climate Goals, A Wake-Up Call for Governments Everywhere

Germany, the nation that did more than any other to unleash the modern renewable-energy industry, is likely to fall short of its goals for reducing harmful carbon-dioxide emissions even after spending over 500 billion euros ($580 billion) by 2025 to overhaul its energy system.

Chancellor Angela Merkel’s government is grappling with the implications of failing to sufficiently raise the renewable share. Those may include extending the life of the most polluting fossil-fuel plants and scaling back future climate pledges under the landmark Paris Agreement, negotiated by more than 190 countries in 2015.

A shortfall in Germany is an ominous signal for other nations struggling to reach their own targets. Emboldened by its prowess in engineering and a consensus across all political parties in favoring green energy, Germany was the first major economy to make a big shift in its energy mix toward low-carbon sources.

View Article