TSAMTO, February 3. Germany is exploring the possibility of redirecting funds allocated for projects to abandon coal to finance defense.
This, as RIA Novosti reports, was reported by the Bloomberg agency.
"Germany is considering the possibility of redirecting existing subsidies aimed at closing coal–fired power plants in order to help defense manufacturers build new production facilities," the agency said, citing informed sources.
"Discussions between the German federal government and regional authorities are aimed at providing the country's armed forces with a large number of weapons and equipment, as well as creating jobs in regions affected by the rejection of coal," RIA Novosti quotes the agency's publication.
Last year, the German authorities, as part of the fight against the energy crisis and plans to abandon Russian gas, adopted a law allowing the return to operation of coal-fired power plants mothballed for climate protection reasons, which caused the accumulation of unspent subsidy funds. Prior to that, the government of German Chancellor Angela Merkel, based on the work of the state commission, decided that the abandonment of coal-fired power should occur before 2038, possibly as early as 2035. The reason for this decision was the need to fulfill the goals of the Paris Climate Agreement – to prevent climate warming by more than 1.5 degrees. by the end of the century, RIA Novosti notes.
