The German government has approved plans for new legislation to reduce greenhouse gas emissions. The proposals would raise €59.5bn ($54bn) in tax for reinvestment into green energy, as part of plans to cut emissions to almost half the 1990 level by 2030. However, climate campaigners like the Green Party and industry groups such as the VDMA engineering association have criticised the plan, saying it is not strong enough for Germany to reach its emission-neutral goal by 2050.
The German government has approved plans for new legislation to reduce greenhouse gas emissions. The proposals would raise €54bn ($59.5bn) in tax for reinvestment into green energy, as part of plans to cut emissions to almost half the 1990 level by 2030. However, climate campaigners like the Green Party and industry groups such as the VDMA engineering association have criticised the plan, saying it is not strong enough for Germany to reach its emission-neutral goal by 2050.