Germany agrees plan to phase out lignite, cancel EU carbon permits

Published 13:11 on January 16, 2020 / Last updated at 13:28 on January 29, 2020 / EMEA (Compliance Markets & Taxes, Europe)

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The German government has mapped out a tentative plan to phase out the country’s lignite plants, also agreeing a strategy to cancel freed up EU carbon allowances and compensate affected companies, regions, and workers.
The German government has mapped out a tentative plan to phase out the country’s lignite plants, also agreeing a strategy to cancel freed up EU carbon allowances and compensate affected companies, regions, and workers.


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