BERLIN (REUTERS) - The German government plans to speed up the expansion of wind and solar energy by 2030 as part of its climate protection programme, a draft law seen by Reuters showed on Wednesday (June 2).
The new plan aims to expand installed production capacity of onshore wind energy to 95 gigawatts (GW) by 2030 from a previous target of 71GW, and of solar energy to 150GW from 100GW, the draft showed.
Germany's installed capacity of onshore wind power stood at 54.4GW and of solar energy at 52GW in 2020.
The climate protection programme envisages funding of around €7.8 billion (S$12.6 billion) for next year, including €2.5 billion for building refurbishment and an extra €1.8 billion for subsidies for electric car purchases.
The plan also includes doubling support to help industries cut emissions of carbon dioxide, such as in steel or cement production.
However, these financial pledges can only be approved after the German federal election in September.
The move comes after Germany's Constitutional Court ruled in April that Chancellor Angela Merkel's government had failed to set out how to cut carbon emissions beyond 2030 after plaintiffs challenged a 2019 climate law.
Earlier this month, the Cabinet approved draft legislation for more ambitious CO2 reduction targets, including being carbon-neutral by 2045 and cutting German carbon emissions by 65 per cent by 2030 from 1990 levels, up from a previous target for a 55 per cent cut.