Germany’s CoalExit Strategy

Prior to 2022, Russia provided a significant portion of Germany’s energy needs: roughly 50% of coal, 55% of gas and 35% of oil. The outbreak of war in Ukraine led to significant increases in the prices of all fossil fuels due to supply disruptions, sanctions and increased demand. It has become a widespread notion that Germany’s response to this crisis was to abandon its climate targets. This brief dispels this myth and outlines the country’s response to the situation.