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Germany eyes coal reversal, gas funding to counter Russian cut

Germany is stepping efforts to respond to a cut in Russian gas supplies by reviving coal plants and providing financing to secure gas for the winter, an effort that would cost about €15 billion ($15.8 billion) at current prices. The package of measures was announced days after Moscow slashed deliveries…

Germany plans coal u-turn, gas funding to offset Russian cut

Germany is stepping up efforts to respond to a cut in Russian gas supplies by reviving coal plants and providing financing to secure gas for the winter, an effort that would cost about 15 billion euros ($15.8 billion) at current prices.

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