BERLIN (AP) — Germany's environment minister said Wednesday that the government is considering additional spending to meet the new climate targets it has set for the coming decade.
Svenja Schulze told public broadcaster ARD that officials agree a program of urgent measures is needed to complement the new goal of cutting greenhouse gas emissions by 65% from 1990 levels by 2030, and of going ‘net zero’ by 2045.
The more ambitions targets were hastily agreed last week after Germany's top court ruled that existing measures placed too much of the burden for curbing global warming on younger people, and ordered the government to lay out a more detailed set of measures for the period from 2030.
A lawmaker from Chancellor Angela Merkel's center-right Union bloc, Andreas Jung, told public radio rbb-Inforadio that a higher price on carbon from next year was one of the options being considered.
The environmentalist Greens party wants the rate at which renewable energy generation is expanded to be doubled. It is also calling for government borrowing rules to be relaxed when it comes to investments in climate measures.
Before you consider RLI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RLI wasn't on the list.
While RLI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
