Climate Changed
Germany’s Debate Over When to Quit Coal Is Just Getting Started
- Government has yet to decide which plants must close first
- Compensation of $46 billion will take years to work out
The lignite coal-fired power plant operated by Vattenfall in Janschwalde, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
The task of winding down Germany’s coal industry is only just beginning, with Chancellor Angela Merkel and the utilities with the most at stake starting to work out details of the shift that will cost at least 40 billion euros ($46 billion).