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Germany s solar funding in firing line after €60 billion budget shortfall – pv magazine International

Germany s solar funding in firing line after €60 billion budget shortfall – pv magazine International
pv-magazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-magazine.com Daily Mail and Mail on Sunday newspapers.

EU and German Climate Change Legislation Developments

Friday, May 7, 2021 April 2021 saw two major developments in climate change legislation in the EU and in Germany. These developments confirm that the goal of fulfilling the Paris Agreement and achieving climate neutrality by 2050 at the latest will increasingly shape EU and German law-making for the foreseeable future. Further legislative action may be just around the corner. Provisional Agreement of EU Lawmakers on EU Climate Law At the EU level, European lawmakers reached a preliminary agreement on the European Commission’s proposal for a European Climate Law on 21 April 2021 after months of intense debate. The European Climate Law codifies the EU’s commitment to reaching climate neutrality by 2050 and the target of reducing net greenhouse gas emissions by at least 55% by 2030 as compared to 1990. Further key elements of the provisional agreement include (i) a process for setting a 2040 climate target, taking into account an indicative greenhouse gas budget for t

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