Germany not only has to become independent of high-emission raw materials such as coal, but also of Russian natural gas.
(Photo: Reuters, Thomas Berger (M))
Dusseldorf Investments in the billions in liquefied natural gas, the comeback of old coal-fired power plants and ongoing discussions about extending the lifespan of nuclear reactors pose a major problem for German energy companies: they had actually imagined the climate change differently.
According to the Federal Environment Agency, the greenhouse gas emissions of the German energy industry last year were around 247 million tons of CO2 equivalent. The industry is therefore responsible for around a third of CO2 emissions in Germany.
Bringing back the old coal-fired power plants alone will catapult the energy industry’s emissions by 20 percent over the next year, according to market research firm ICIS – and that’s not even counting the new LNG terminals.
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