Business Green: Germany’s ambitious plans to source 60 per cent of the country’s power from renewable sources by 2050 have been backed by the head of E.ON, the country’s largest energy provider. The German cabinet approved the targets yesterday, formally adopting a wide ranging plan that also aims to cut greenhouse gas emissions by 80 per cent, renovate power grids and improve energy efficiency. However, the new strategy also features a controversial commitment to extend the life of Germany’s …