Germany will move to shut down all of its coal-fired power plants by 2038 as part of the country’s commitment to renewable energy. The move was announced by a government-appointed commission, which is proposing $45 billion to assist regions most affected by the closure of the coal plants. Germany is also on track to close down all of its nuclear power plants by 2022. Renewables made up over 40 percent of the energy supplied in Germany last year, surpassing coal for the very first time.