Chancellor Angela Merkel’s third- term government will seek to slow the expansion of land and sea- based wind power to cut the cost of the country’s unprecedented switch from nuclear energy to renewable sources.
European Union governments approved a mandate to start talks with the bloc’s Parliament on a draft rescue plan for the EU carbon market, overcoming a 15-month deadlock over the measure to alleviate a record surplus.
Chancellor Angela Merkel’s Christian Democratic bloc and the Social Democratic Party agreed to a temporary ban on exploring unconventional natural gas reserves in Germany until environmental issues are resolved.
China and the U.S. are more willing to act on climate protection, raising the chances for a “breakthrough” in United Nations-sponsored talks to curb global warming, German Environment Minister Peter Altmaier said.
Germany is ready to talk with France about spurring economic growth in Europe so long as President- elect Francois Hollande holds to his commitments in the fiscal pact, the chief whip for Chancellor Angela Merkel’s party said.
German Chancellor Angela Merkel is tightening her grip on the biggest energy overhaul in the country’s history, assigning a party enforcer to speed the transition amid signs her 12-month-old policy shift has stalled.