Wednesday, August 16th, 2017

Germany eyes swift cuts in renewable energy subsidies

Sun rays over a wind and a solar hybrid park on Pellworm island, northern Germany on August 9, 2013Germany's new energy minister has outlined cuts in subsidies to producers of renewable energy as the country wrestles with soaring costs from its nuclear power exit, according to a document obtained by AFP Sunday. Opposition MPs and the solar energy sector have already criticised the reforms due to be discussed by conservative Chancellor Angela Merkel's new "grand coalition" cabinet with the Social Democrats next week. Merkel took the surprise decision in 2011 to scrap nuclear power for renewables in the wake of the Fukushima disaster but has faced pressure over how to pay for the clean energy drive.


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