Germany’s would-be coalition partners have agreed to drop plans to lower carbon dioxide emissions by 40 percent from 1990 levels by 2020, sources familiar with negotiations said on Monday -- a potential embarrassment for Chancellor Angela Merkel.
Due to strong economic growth and higher-than-expected immigration, Germany is likely to miss its national emissions target for 2020 without any additional measures.
Negotiators for Merkel’s conservative bloc and the center-left Social Democrats (SPD) told Reuters the parties had agreed in exploratory talks on forming a government that the targeted cut in emissions could no longer be achieved by 2020.
Instead, they would aim to hit the 40 percent target in the early 2020s, the sources said, adding that both parties are still sticking to their goal of achieving a 55 percent cut in emissions by 2030.Also at Forbes.
I thought it was already too late to save the planet.
I assume President Trump is getting ready to tweet -- as soon as this is official. LOL.
Most importantly for investors, this will allow the "synchronized global economy" (aka, the Trump rally) to surge.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.