Friday, May 18, 2012

Analysis: Germany's Merkel losing green battle to cheap coal

Reuters: To reach its strict climate targets and fulfill Chancellor Angela Merkel's nuclear exit plans, Germany needs to avoid coal and build a stack of gas power plants to secure clean energy supplies beyond 2020. Yet the challenge facing Merkel's new environment minister Peter Altmaier, his predecessor fired this week following a disastrous state election defeat, is finding a way to make gas an attractive option while coal remains the more profitable way to produce electricity for Europe's biggest economy....

URL: http://www.reuters.com/article/2012/05/18/us-energy-summit-power-gas-idUSBRE84H0C020120518?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29
Enclosure: http://s1.reutersmedia.net/resources/r/?m=02&d=20120518&t=2&i=608649944&w=460&fh=&fw=&ll=&pl=&r=CBRE84H0QI600

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