German Shift from Nuclear Triggers an Increase in Coal Burning
Coal consumption in Germany has grown by 4.9 percent since Chancellor Angela Merkel announced plans to shift away from nuclear power over the next decade, according to a Bloomberg News report. While German leaders intended the new policy to strengthen the nation’s reliance on renewable energy, Germany’s largest utilities have built coal plants instead of cleaner-burning natural gas projects because coal plants are cheaper.
The collapse of the European Union’s carbon permit costs also means that there is little penalty for burning coal. “Angela Merkel’s policy has created an incentive structure which has the effect of partially replacing nuclear with coal, the dirtiest fuel that’s responsible for much of the growth in the world’s greenhouse-gas emissions since 1990,” Dieter Helm, an energy policy professor at the University of Oxford told Bloomberg News.
Article appearing courtesy Yale Environment 360.
|Tags: Angela Merkel carbon permit coal consumption European Union Germany nuclear power||[ Permalink ]|