Germany Delays Controversial Coal Levy

Germany Delays Controversial Coal Levy

Germany Delays Controversial Coal Levy

GALWAY, IRELAND--April 30, 2015 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) Germany has delayed imposing an additional levy on coal-fired power plants until it assesses the possible impact on jobs in the sector.

The Economy Minister, Sigmar Gabriel, wants to impose a coal levy on the oldest coal-fired plants as part of the nation's efforts to reduce CO2 emissions by 40% by the end of the decade.

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