German government agrees on new climate protection package amid pressure from environmental protests and a surge in support for the opposition Green Party
Chancellor Angela Merkel's government reached a deal on a broad climate plan for Germany after marathon overnight talks stretching more than 18 hours.
But the source added that the scheme, details of which are set to be announced by Merkel later on Friday, will contain provisions allowing the government to take corrective measures if targets on emissions cuts risk being missed. The outcome appears to be a compromise between the conservatives' desire for an emissions trading scheme that supports innovation in Germany's corporations and the SPD's desire for a carbon tax which would support those hardest hit by the costs of the transition away from carbon.
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