Germany is shutting down its coal industry for good
Germany is doing what Australia says it can't shutting down every coal mine and coalfired power plant in the country. But there's a cost.
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Germany Germany Resources and power Germany which has relatively few domestic natural resources imports most of its raw materials. It is a major producer of bituminous coal and brown coal (lignite) the principal fields of the latter being west of Cologne east of Halle south and southwest of Leipzig and in Lower Lusatia in Brandenburg.
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2 &ensp·&enspIn western Germany the use of lignite from the Rhenish mining district has a centurylong tradition and once fuelled the rise of power company RWE. Today unlike hard coal the remaining opencast lignite mining operations are still a profitmaking business with most of the coal being used in power stations that are close to the mines.
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Germany agrees plan to phase out coal power by
The German government and regional leaders have agreed on a plan to phase out coalfired power stations by 2038 involving compensation of about 40bn (㿎bn $45bn).
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