Germany Slowly Reducing Coal Dependence
Investing News Network - December 21st, 2011
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.