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German officials proposed on Wednesday that Germany could bring forward the date for reducing greenhouse gas emissions to "net zero" to 2045, after Germany's Supreme Court ruled that existing plans to curb climate change place too much burden
on young people.
According to the proposal announced by Environment Minister Svenja Schulze and Finance Minister Olaf Scholz, the country's emission reduction target will be reduced from 55% in 1990 to 65% by 2030 and raised to 88%
by 2040.
Officials say the timeline will allow Germany to stop further adding greenhouse gases
to the atmosphere five years ahead of its 2050 target.
So far, the proposed target has little detail on how emissions reductions will be achieved, although the government said in a separate announcement on Wednesday that federal civil servants' pension funds will invest only in stocks
that meet Paris Agreement targets in the future.
Experts believe that in order to accelerate the process of reducing emissions, Germany will have to phase out measures such as coal-fired power plants by the planned 2038
.
The plan must be approved
by Prime Minister Angela Merkel's cabinet.
Germany's Supreme Court ruled last week that current legislation risks restricting the rights of young people too much compared to older people, forcing the government to reformulate its plans
.
Germany's climate law, passed two years ago, sets specific targets for industries such as heating and transport to reduce them by 55 percent by 2030, but falls short of the long-term goal
of reducing emissions to zero by 2050.
Germany will hold its annual climate conference this week, where governments from more than 40 countries gather to discuss international efforts
to curb global warming ahead of a UN summit on the issue in November.
German officials proposed on Wednesday that Germany could bring forward the date for reducing greenhouse gas emissions to "net zero" to 2045, after Germany's Supreme Court ruled that existing plans to curb climate change place too much burden
on young people.
According to the proposal announced by Environment Minister Svenja Schulze and Finance Minister Olaf Scholz, the country's emission reduction target will be reduced from 55% in 1990 to 65% by 2030 and raised to 88%
by 2040.
Officials say the timeline will allow Germany to stop further adding greenhouse gases
to the atmosphere five years ahead of its 2050 target.
So far, the proposed target has little detail on how emissions reductions will be achieved, although the government said in a separate announcement on Wednesday that federal civil servants' pension funds will invest only in stocks
that meet Paris Agreement targets in the future.
Experts believe that in order to accelerate the process of reducing emissions, Germany will have to phase out measures such as coal-fired power plants by the planned 2038
.
The plan must be approved
by Prime Minister Angela Merkel's cabinet.
Germany's Supreme Court ruled last week that current legislation risks restricting the rights of young people too much compared to older people, forcing the government to reformulate its plans
.
Germany's climate law, passed two years ago, sets specific targets for industries such as heating and transport to reduce them by 55 percent by 2030, but falls short of the long-term goal
of reducing emissions to zero by 2050.
Germany will hold its annual climate conference this week, where governments from more than 40 countries gather to discuss international efforts
to curb global warming ahead of a UN summit on the issue in November.
