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Germany's industrial base at risk if green energy shift fails

2014-01-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Germany risks undermining its industrial base if it fails to undertake radical reform of incentives for the country's renewable energy sector, its new economy minister said on Tuesday in a clear signal of his support for industry. German firms had to stay competitive, Sigmar Gabriel said a day before he outlines planned changes to a renewable energy law to Chancellor Angela Merkel's cabinet, which sources say will involve deep cuts in green energy support. Export-oriented German companies have...

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