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RWE sees climate talks with new government not before early 2022

FRANKFURT, May 12 (Reuters) - Germany’s biggest power producer RWE expects meaningful discussions about tighter climate targets and faster coal plant closures not before early 2022, chief finance officer Michael Mueller said on Wednesday.

Mueller said a new Berlin government needed to be formed after general elections in September, where the Greens are currently leading in polls.

Asked about implications from the Berlin cabinet’s approval for a stricter climate law on Wednesday, Mueller said that RWE had adopted a long-term decarbonisation strategy away from coal and was “confident in that position.” (Reporting by Vera Eckert and Christoph Steitz, editing by Riham Alkousaa)

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