Germany’s Coal Exit Talks Founder on Dispute Over Compensation

Discussions are faltering about how to shut down Germany’s coal industry as company executives and government ministers struggle to agree on the politically charged issue of how to compensate industry.

Ten months after Germany set out a road map to exit coal by 2038, officials and the main utilities remain at loggerheads over setting a price for closing down operations, according to at least five people with direct knowledge of the deliberations. The government already missed a self-imposed target to have legislation ready in October and is unlikely to settle the matter before the end of this year, the people ...