| German credibility is on the line in a showdown pitting government pledges to cut carbon emissions against lignite-fired power plants in Europe’s biggest economy.
With Germany trailing its self-defined goal of cutting carbon dioxide emissions 40 percent by 2020, Chancellor Angela Merkel’s government plans to force lignite and coal plants to buy more emissions allowances. Energy companies and industry lobby groups are alarmed over the government’s plans...............................................Full Article: Source
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