The stiffer emissions targets introduced this month to Germany’s Climate Protection Law - CO2 emissions from the energy industry must fall to 108 Mt by 2030 instead of 175 – point to an even earlier coal phase-out date of 2029, with renewables generating 65% of electricity by 2030. The existing plan had meant coal must be gone by 2038. Michael Claußner, Carlos Perez-Linkenheil and Simon Göss at Energy Brainpool explain why, using their modelling … [Read more...]