Germany needs to decide whether to use gas as bridge technology to decarbonise
Deutsche Bank
The incoming German government has two options to replace coal power with cleaner sources to reach climate targets, writes analyst Martin Brough in a Deutsche Bank Research paper. The first is to use natural gas as a bridge fuel, while the second is to leap straight to renewables. “For all the political attention to top-down targets, investors want certainty about the details,” writes Brough. “Encouraging the appropriate deployment of fresh capital to get German emission reductions back on track requires the new government to clarify its intended policy mechanisms as well as its top-down decarbonisation targets,” he concludes.
Find the paper in English here.
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