Germany on Track to Miss Climate Goals Despite $500 Billion Plus Green Spending Spree

Germany is on track to fall short of its ambitious long-term climate change goals despite its plans to have spent more than $500 billion to reach them, according to Reuters.

The German government is primed to miss its targets of reducing its greenhouse gas emissions by 65% by 2030 and reaching net-zero carbon dioxide emissions by 2050, according to Reuters. The German government will have spent by 2025 the equivalent of at least $580 billion toward achieving the goals that it is now forecasted to miss, according to Bloomberg.

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