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They are really about the exact same thing from different angles. The second article explains the why: they underestimated how much it would cost them. What the
by mk89 2y ago
They are really about the exact same thing from different angles. The second article explains the why: they underestimated how much it would cost them. What they planned for was already used in the H1 of 2024. If you expect the same energy production (which apparently is a record of 58%) then you'll have to get another $9B from somewhere and they won't be able to do 1) additional debts, 2) use emergency covid money like they tried to do last year.
This means the budget has to be good this time, before they have holes left and right.
PS: The reuters article comes late. Apparently this was already in the news about 10 days ago. E.g., https://www.rechargenews.com/energy-transition/germanys-9bn-green-energy-subsidy-black-hole-heaps-pressure-on-scholz/2-1-1666846?zephr_sso_ott=seW8ig https://www.rechargenews.com/energy-transition/germanys-9bn-...