Germany unveils an array of climate policies designed to curb greenhouse gas emissions, including subsidies for green power generation and electric-car usage
BERLIN—Germany unveiled an array of climate policies Friday designed to curb greenhouse gas emissions that economists said were unlikely to provide much of a boost to the country’s flagging economy, despite a projected €54 billion price tag between now and 2030.
The measures, including subsidies for green power generation, will be financed by revenues from higher taxes on polluting activities, such as air travel and car fuel, as well as a new carbon emission certificate trading scheme to be launched in 2021....
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