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Germany and France want to make Europe a “pioneer continent” for the expansion of renewable energy sources such as solar and wind, the countries’ environment ministers said.
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Climate talks that ended today in Berlin moved beyond a “blame game,” said Germany’s Environment Minister Peter Altmaier, after recent disagreements.
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German Chancellor Angela Merkel said world leaders must do more to come to a binding global agreement to cut greenhouse gases by 2015 as inaction would increase the costs of climate change.
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Germany wants companies to harvest metals including rare earths from recycled electronics as Europe’s biggest economy seeks to become less dependent on imports from China and other nations.
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Investors in Europe’s 54 billion- euro ($70 billion) carbon market will be looking at the bloc’s ministers meeting in Dublin this week for assurances that governments will try to keep alive a plan to bolster prices.
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Talks between Chancellor Angela Merkel’s government and state leaders on proposals to stop power prices from rising in Germany failed, delaying concrete steps from being taken until after elections in September.
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German nuclear-power operators will have to pay an estimated 2 billion euros ($2.6 billion) for identifying and building an atomic-waste depository, Environment Minister Peter Altmaier said.
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Chancellor Angela Merkel’s sweeping plan to transform Germany into a green-energy giant almost destroyed Nordseewerke GmbH, one of the country’s leading makers of wind-turbine foundations.
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Six environment and climate chiefs, including German Environment Minister Peter Altmaier and U.K. Energy and Climate Secretary Ed Davey, pressed European Union lawmakers to back a rescue plan for the world’s biggest carbon market, as divisions persist before a key vote.
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European carbon permits declined by the most on record to an unprecedented low after lawmakers rejected an emergency plan to address a surplus of allowances.
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