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    coal investing

    Germany Slowly Reducing Coal Dependence

    Investing News Network
    Dec. 21, 2011 11:25AM PST
    Industrial Metals

    Bloomberg reported that high-carbon brown coal is still Germany’s main source of energy despite 20% of its energy coming from renewables.

    Bloomberg reported that high-carbon brown coal is still Germany’s main source of energy despite 20% of its energy coming from renewables.

    As quoted in the market news:

    Brown coal is an old part of Europe’s energy mix, and it’s not exactly fleeing the portfolio — not in the short term. Also known as lignite, brown coal is abundant, accessible, and burns in traditional power plants that operate for decades.

    Click here to read the full Bloomberg report.

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