Germany, which imports around two-thirds of its gas from Russia and other former Soviet Union states and which aims for net-zero carbon emissions by 2045, is planning to require nearly 100% renewable electricity by 2035. Robert Habeck, German’s economic affairs and climate minister, said Germany needs to triple its rate of emissions reductions.
In response to the Russian attack on Ukraine, Germany has denied a license to the recently constructed Nord Stream 2 pipeline that was to be a major conduit for gas from Russia to Germany. It is also scheduled to close its three nuclear plants by the end of this year.
Germany adopted a plan two years ago to close all coal-fired power plants by 2038. It includes compensation for coal regions, coal companies, and their workers. The total government investment to diversify the regions’ economies and create new jobs over the coming two decades as coal is phased out is $47.3 billion.
For more on Germany’s just transition program for coal regions and workers: What should coal communities do when power plants shut down? Ask Germany. – Vox