German Finance Minister Olaf Scholz,
. . . welcomed the proposal, stressing that,
. . . it was important for Germany to keep power prices stable,
. . . while at the same time creating new jobs in coal-producing regions.
Germany currently produces nearly
. . . 40% of its electricity from coal, and
. . . has failed to meet targets agreed to under the
. . . 2015 Paris climate agreement.
Phase-out starts immediately
Over the next 4 years,
. . . plant operators, including RWE and Uniper, will be asked to shut down about
. . . 12 gigawatts of capacity early in a first step, about
. . . 24 large power station units.
1-26-2019 Source: #Coal mining comes to an end in Germany
#Coal mining comes to an end in Germany
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