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Amazing Chuzpah: Germany To Fund New Coal Plants With Climate Change Fund Cash

The German government wants to encourage the construction of new coal and gas power plants with millions of euros from a fund for promoting clean energy and combating climate change.

The plan has come under stiff criticism, but the Ministry of Economics and Technology defended the idea. A spokeswoman said it was necessary as the government switches from nuclear to other renewable energy sources and added that the money would promote the most efficient plants possible.

Funding for the initiative is limited to five percent of the energy and climate change fund’s annual expenditure between 2013 and 2016.

Annual funding for the new plants could total more than €160 million per year between 2013 and 2014 alone, the Berliner Zeitung newspaper reported on Wednesday.

The fund was first established to encourage nuclear plant operators to develop new, renewable forms of energy production. Now that nuclear power is to be phased out by 2022, the fund will pay for research into reducing carbon dioxide emissions from buildings, developing renewable energy sources and storage technologies for them.

Opposition politicians and environmental groups said the plan was wrong because it would promote what they argued were climate-damaging plants. They also worried that money earmarked for other valuable projects could be reduced as a result.

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see also: Germany: Nuclear To Be Replaced By Coal And Gas