Germany to phase out coal by 2038 in move away from fossil fuels

FILE PHOTO: Water vapour rises from the cooling towers of the Jaenschwalde lignite-fired power plant of Lausitz Energie Bergbau AG (LEAG) beside a wind turbine in Jaenschwalde, Germany, January 24, 2019. REUTERS/Hannibal Hanschke/File Photo

BERLIN (Reuters) – Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in aid to regions affected by the phase-out. The roadmap proposals, a hard-won compromise reached early on Saturday after more than 20 hours […]

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