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Australia: Rwe Ceo says sudden brown coal exit can't be justified

2015-12-20 06:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: German utility RWE is opposed to a sudden exit from brown coal generation, the most polluting fossil fuel, its chief executive told magazine Der Spiegel, adding these plants secured jobs and needed to keep running to pay for their decommissioning. Following the Paris climate accord earlier this month, which aims to curb global warming by reducing the use of fossil fuels in favour of renewables, coal-dependent companies such as RWE have come under pressure to change their business model. "By the...

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Category:Electronics and Electrical

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