Energy and Climate Fund Act (EKFG)
Summary
This Act creates the Energy and Climate Fund. The fund is to be used for the promotion of an environmentally-friendly, reliable and affordable energy supply, for instance with respect to energy-efficiency. Revenue will mainly come from a contractual agreement of the nuclear power plant operators with the German state that skims off part of their extra profits. In addition, it will be funded by parts of the nuclear fuel rod tax and the auctioning of emission allowances as of 2013.
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About this law
Year
2010
Most recent update
28/09/2010
Geography
Response areas
Mitigation
Sectors
Energy
Topics
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Group
Topics
Policy instrument
Renewable energy
Greenhouse gas
Economic sector
Climate finance
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.