European Power Plants Face Widespread Bankruptcies

German Government In Crisis Over Escalating Cost Of Climate Policy

By Guest Column Dr. Benny Peiser—— Bio and Archives--May 27, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

Germany’s economics minister Sigmar Gabriel (SPD) wants to levy penalty payments onto coal plants if they produce CO2 emissions above a certain threshold. Against this plan intense resistance is growing in Germany: Within the Christian Democrat, within industry and – for especially dangerous for Gabriel – within the trade unions.

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