Berlin warned on nuclear energy phase-out

Germany will miss its CO2 emission targets, face rising electricity prices and become 'dramatically' more reliant on Russian gas if it keeps to its policy of phasing out nuclear energy, a new study warned January 2007. The 60-page paper by Deutsche Bank will add to the pressure on Angela Merkel, Chancellor of Germany to renegotiate the phase-out deal agreed by the previous government in 2000, despite her pledge not to reopen the controversial debate.