EXCLUSIVE German parties agreement on 2030 coal phase-out in coalition conversations -sources

General view of the coal power plant in Neurath near Cologne, Germany, Nov. 5, 2021. REUTERS/Wolfgang Rattay

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BERLIN, Nov. 23 (Reuters) – German Social Democrats (SPD), Greens and Free Democrats, who to be in negotiation for a new government, have agreed met commit to a coal phase-out by 2030 in An coalition deal, sources involved in the talks told Reuters on Tuesday.

The three parties are in the final stages of cling to coalition agreement and hope to present the deal on Wednesday, one According to a source close to the talks.

climate policy is one of the most viewed areas for the new government as Europe’s largest economy shifts to carbon neutrality.

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The three parties have also agreed to end power gas generation in 2040, affected sources in the coalition talks told Reuters. In addition, gas heating systems would be banned in new buildings and replace in existing buildings, they said.

An end to the sale of new auto’s met combustion engine would come by 2035, which coincides with European Commission plans, the sources said. The Greens had wanted an earlier date.

the parties also want until allow “blue” hydrogen, of the production of hydrogen using natural gas with CO2 emissions captured in underground of submarine storage.

They have also agreed to a strengthened ministry of climate to include industry and energy policy, the sources said.

If the parties make a deal, Olaf Scholz of the SPD would take it over as chancellor of the conservative Angela Merkel, who did not stand for one fifth term in an election on September 26.

Three sources involved in the negotiations told Reuters that Christian Lindner, head of the fiscal conservative FDP, wax set get financial minister in the planned new government.

“That’s for sure for a long time,” said one source. Another repeated that view while a third said that although nothing was agreed in the end, everything else would be a surprise.

The party leaders would meet on Tuesday in Berlin to discuss open areas of disagreement and hoped to complete the negotiations on Wednesday, though they could run see you Thursday, a source with knowledge of according to the discussions.

While the Greens and the SPD are widely seen as natural left partners, the FDP have historically been closer to the Conservatives.

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Additional coverage by Christian Kraemer; Written by Kirsti Knolle and Madeline Chambers; Editing by Raissa Kasolowsky, William Maclean

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