German cabinet revises green energy law
The German cabinet today agreed revisions to the country's renewable energy law, fixing prices at which electricity generated from non-fossil fuel sources is fed into the national grid. Drafted by the environment ministry, which is responsible for renewables, the amendments are designed to prevent the law from hurting the competitiveness of Germany's energy-intensive industries. Firms will win partial exemption from the additional costs if they can demonstrate that a significant and continuing proportion of their electricity bills is attributable to the renewable energy law (EED 27/03/03). See press release.