GERMAN FEDERAL GOVERNMENT AGREES TO RENEWABLE ENERGY SLOWDOWN
On June 1, 2016, Chancellor Angela Merkel agreed to the framework for a deal with state premiers on renewable energy law reforms in Germany. The proposed agreement is intended to reduce costs and control the speed of providing green power sources in the future. It would expand onshore wind by an increase of 2.8 gigawatts per year--approximately 1,000 wind turbines. Green subsidies in Germany have led to an expansion of renewable energy, accounting for one-third of Germany's electricity in 2015, particularly wind and solar.