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German parliament ups subsidies for green energy |
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| GERMANY: November 16, 2001 | ||
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FRANKFURT - Germany's parliament has agreed to increase subsidies next year for four kinds of renewable energy, overruling Economics Minister Werner Mueller who had wanted to cut financial support for the sector.
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The parliamentary budget committee decided to raise subsidies for solar, thermal, biogas and geothermal energy to 400 million marks from 300 million in 2001, said a source from the Green Party yesterday. Mueller, who is politically independent, had proposed to cut this budget by 100 million marks. The minister had also wanted to cut the government's research budget into renewable energy by 65 million marks to 235 million marks from 300 million but the committee decided to cut the budget by less to 274 million marks. It might end up being higher than the 274 million figure because another six million marks could still become available from the science ministry. "It is positive that Mueller's plans could be partially averted," the source said. "There was a consensus that it is important to help ease the way for renewable energies into the market.
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REUTERS NEWS SERVICE
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