Germany moves forward with $45billion plan to close all its coal-burning power plants by 2038 and eliminate all greenhouse gas emissions by 2050
The German government has approved a new set of bills that will transition the country's energy infrastructure toward renewable sources and close its last coal power plant in 2038.
The bills passed both houses in the German parliament and will also include $45billion to fund transition to other forms of energy production.
The plan is part of Chancellor Angela Merkel's goal of making Germany the first country in Europe to stop emitting greenhouse gases, currently targeted for 2050.
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