“This is bitter but in this situation essential to lower the use of gas,” said Germany’s economics minister Robert Habeck, a Greens MP. | Rob Harris
Germany will pass emergency laws to reopen mothballed coal plants for electricity generation ahead of the winter as Russian cuts to gas exports threaten shortfalls in Europe’s largest economy.
The German government said on Sunday it would significantly increase its use of highly polluting coal to preserve energy supplies and auction gas supplies to industry to encourage businesses to curb consumption. “To reduce gas consumption, less gas must be used to generate electricity. Coal-first power plants will have to be used more instead,” he said on Monday AEST. “This is bitter but in this situation essential to lower the use of gas.”
Rising energy prices are stoking inflation and a cost of living crisis across Europe, which central banks are struggling to address without tipping the region’s economy into recession.
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