Chancellor Angela Merkel must ditch coal in favor of cleaner gas power plants to protect the climate, said the co-leader of Germany’s Greens party, urging a redoubling of efforts to raise carbon prices in the world’s biggest cap-and-trade program.
The co-leader of Germany’s Greens, Juergen Trittin, sharpened his party’s attack on Chancellor Angela Merkel’s Christian Democrats, saying policy differences put them on “collision course” in federal elections this fall.
European Union leaders are seeking about 100 billion euros ($136 billion) in bank recapitalizations as they urge financial institutions to accept losses of between 50 percent and 60 percent on their Greek debt, said Juergen Trittin, co-leader of Germany’s opposition Greens party.
German Chancellor Angela Merkel will struggle to win parliamentary majorities within her coalition for measures to fight the debt crisis as support in her ranks dwindles, opposition Green Party leader Juergen Trittin said.
The solar panels on Tommy Clever’s house in Berlin generate enough electricity on sunny days to run his washing machine, vacuum cleaner and other appliances, with a bit left over to help power the region’s factories and offices.
German Green Party co-leader Juergen Trittin is traveling to New York and Washington next week to meet with Obama administration officials as he burnishes his profile ahead of a possible run for the Chancellery in 2013.
Germany’s opposition Greens want Chancellor Angela Merkel to delay parliament’s decision on the European Union’s fiscal pact, Frankfurter Allgemeine Sonntagszeitung said, citing party leader Juergen Trittin.
European policy makers may need to stump up as much as 600 billion euros ($794 billion) in aid or buy government bonds if they are to stamp out the region’s spreading fiscal crisis, said economists at JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc.