Home › Merkels Green Push Blows Away German Coal-Power Profits: Energy
 

Keywords :   


Merkels Green Push Blows Away German Coal-Power Profits: Energy

2014-03-14 07:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: German Chancellor Angela Merkels campaign to limit climate change with an energy system based on renewable sources is cutting into profits of companies that still provide 57 percent of the power that keeps Europes biggest economy humming. The continents fivefold increase in solar and wind power in the past decade flooded electricity grids, displacing fossil fuels so fast that coal- and gas-dependent utility RWE AG lost money in 2013 for the first time since 1949. Earnings at European coal-fired...

Tags: green energy german push

Category:Electronics and Electrical

Latest from this category

All news
»
19.05Atlantic Tropical Weather Outlook
19.05Eastern North Pacific Tropical Weather Outlook
19.05IT Cosmetics and Kenvue Launch New Products
19.05Virgin Trains targets West Coast in return to rail
19.05Cashing In On The Stache
19.05 Dr. Squatch Launches Bronco Bricc
19.05Gillette Venus Announces Ambassadors Ahead of the Olympic and Paralympic Games Paris 2024
19.05Eastern North Pacific Tropical Weather Outlook
More »