The German Chancellor, Olaf Scholz, is facing the challenge of reevaluating plans for financing climate policy and energy transition following a ruling by the Federal Constitutional Court. The court deemed the transfer of €60 billion from a COVID fund to be illegal. However, the court ruled that bringing forward this borrowing capacity, which was accumulated during the pandemic … [Read more...] about Overhaul Required for Financing Climate Policy and Energy Transition in Germany
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