FACTBOX - Germany unveils energy savings bill
Dec 5 (Reuters) - Germany, the world's sixth largest emitter of greenhouse gases, approved an energy and climate bill on Wednesday, with laws aimed at reducing its harmful greenhouse emissions.
Here are some of the points of the bill. For a full story please click on [ID:nL05563692]
TARGETS
- Germany aims, by 2020, to cut its carbon dioxide emissions by 40 percent compared to 1990 levels.
- It will aim to produce 30 percent of electricity using renewable sources by 2020, 45 percent by 2050.
- By 2020, nearly 20 percent of energy in Germany is expected to come from renewables, compared to around 5 percent in 2005.
TIMINGS
- Most of the details of the bill have been available since August. It proposes 29 laws.
- The first set of laws were presented in detail on Wednesday, the second set will be fully outlined in May next year. They are expected to take between 2-4 years to be passed.
MONEY
- Around 3.3 billion euros ($4.8 billion) of Germany's 2008 budget will go towards climate protection measures, 1.8 billion euros more than in 2005.
ENERGY EFFICIENCY
- Germany is promising up to 750 million euros a year to help build small energy-efficient power plants that produce electricity and heating at the same time.
HOUSING
- Buildings make up around 40 percent of C02 emissions. Germany wants new houses to save a third from 2008 onwards and 60 percent from 2012 through measures such as greener heating systems and better insulation.
- New houses must use 15 percent renewable energy, older buildings will need to replace inefficient boilers and windows.
TRANSPORT
- Transport makes up around 20 percent of emissions. Berlin says new cars must be more energy efficient and trucks will be subject to an emissions tax. (Compiled by Sylvia Westall)
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