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Allianz Trade

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Germany approves bill to phase out oil heating

#Germany plans to ban installation of most #oil and #gas heating from 2024. Bill due before Bundestag in June would encourage homeowners to switch to #renewables. Read more: #energy #heating #RenewableEnergy #FossilFuels #Europe #news

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  • Joyce Waturu

    56 w

    Splendid development indeed. This ban is so timely and prompt as it'll ensure effective switch to renewable energy on a massive scale

    • Peter Karanga

      61 w

      The German government has taken an important step toward reducing its dependence on fossil fuels by passing a bill to phase out oil heating. This bill will incentivize businesses and households to switch to renewable heating sources and cut down on emissions of carbon dioxide and other pollutants. This is an important step in helping Germany meet its commitment to reach carbon neutrality by 2050.

      • Edwin wangombe

        61 w

        This is a significant decision for Germany and the world

        • Saustine Lusanzu

          61 w

          Good news to hear

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