- December 6, 2018
- 198 views
Within the power industry, Germany typically makes news for its progressive renewable energy-focused industry. Here is a different perspective. The country generates 37 percent of its electricity from coal. 23 percent of that figure comes from lignite, a brown coal. RWE AG, one of Europe's biggest utilities, has a fight on its hands because it has petitioned to expand its coal mine in Hambach, a forested area. "Protesters see Hambach as both a threat to an ancient forest and a wrong-turn in Germany’s effort to curtail emissions from Europe’s biggest producer of carbon dioxide," the story states. There's significant money involved: RWE AG's CEO estimates that halting work at the mines may cost the utility as much as $5.7 billion per year.