“For Germany, which accounts for about 30% of the EU coal fleet, around 80% of the coal fleet expected to be still operating in 2021 would not comply with the emissions standards under the new regulations. The total costs of upgrading these would amount to 0.7-1.2 billion €. Operation costs of these plants would also increase.” One must know that the energy companies in Germany have been one of the main financial contributors of Merkel’s CDU and the Social Democrats, but often provide politicians from these political parties with well paid jobs. While the German government claims to simply be protecting thousands of jobs at its coal plants, it is doing nothing about Siemens getting rid of 3,500 jobs in Germany in the near future.
Be the first to comment