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Germany's Scholz against compensation for companies hit by coal exit - sources

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Germany's Scholz against compensation for companies hit by coal exit - sources

Germany's Scholz against compensation for companies hit by coal exit - sources
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AXEL SCHMIDT(Reuters)
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BERLIN (Reuters) - German Finance Minister Olaf Scholz has shown little sympathy to pay compensation for operators of brown-coal-fired power plants that could be forced to shut down earlier, in an effort to meet ambitious climate goals by 2030, sources said on Monday.

Scholz is also sceptical of other measures to help companies cope with the effects of the planned brown coal exit, such as lowering energy tax, two people familiar with the talks said.

A finance ministry spokeswoman declined to comment.

(Reporting by Markus Wacket and Gernot Heller; Writing Michael Nienaber; Editing by Riham Alkousaa)

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