German's Respite for Coal May End as Talks Resume With Merkel
- Coalition hopefuls were united to cut 7GW of coal-fired power
- Industry signals tacit approval of plans to close some plants
What's Next For Merkel?
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The future of Germany’s coal industry is moving back into the spotlight as Chancellor Angela Merkel restarts talks on forming a new coalition government, with pressure building for stricter limits on the most polluting fuels.
Two months after national elections, discussions aimed at forging a novel four-party government collapsed at the weekend in Berlin. While that breakdown provided a respite for shares of coal burning utilities including RWE AG and Uniper SE, the issues of carbon dioxide emissions and climate policy loom large with coalition talks set to begin again.