Germany plans to achieve carbon neutral economy by 2045

The federal government wants to raise the target to reduce greenhouse gas emissions to 65 percent by 2030. This will increase Germany's previous target of a 55% cut from 1990 levels by ten percentage points, German newspaper Spiegel reported on Wednesday.

Climate neutrality - that is, virtually no CO 2 emissions - should be achieved no later than 2045, not 2050 as previously planned, according to Spiegel.

German Environment Minister Svenja Schulze has already announced that she considers the goal of 62 to 68 percent achievable for 2030.

In government circles, according to Reuters, it was said that Schulze, Chancellor Angela Merkel and other ministers would discuss Germany's new climate targets on Wednesday.

Earlier it was reported that the largest engineering and metallurgical concern of Germany ThyssenKrupp plans to accelerate the transition from fossil fuels to "green" hydrogen and renewable energy sources. In particular, the company intends on the basis of the Port of Rotterdam create an international hub for the acceptance and distribution of hydrogen.