Energy Firms In Germany Are Spinning Off Their Coal Businesses ...Middle East

Energy firms in Germany are spinning off their coal operations to appease ESG pressures from banks and investors, with several operators already separating the dirty coal business from renewable power generation. However, the spin-offs could only raise emissions if the owners of the coal assets continue to operate them, analysts tell Bloomberg. Just last week, Czech firm EPH, which has coal operations in Germany, said it would transfer its lignite operations in Germany into a new sister company, EP Energy Transition, as part of a decarbonization…

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Last updated : 14 July 2023 clock 12:40 PM

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Energy Firms In Germany Are Spinning Off Their Coal Businesses ...Middle East

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