So much for " Cheap Green Energy " ......
BUSINESS NEWS
JANUARY 16, 2020 / 7:51 PM / UPDATED 2 HOURS AGO
BERLIN (Reuters) - Germany is set to become the first country to drop both nuclear and coal power under a landmark agreement to compensate workers, companies and regional governments as it switches off brown coal-fired plants by 2038.* Energy-intensive companies which compete internationally will be eligible for annual subsidies from 2023 to compensate for higher electricity costs caused by the coal exit, government spokesman Stefan Seibert said, without giving details...
Even so, the BDI industry association criticised the agreement, saying companies had hoped for more help to cope with increased energy costs...
