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Sweden backs Vattenfall exit from German coal unit

2016-07-02 20:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Sweden ga­ve the green light Saturday for state-owned energy giant Vattenfall to sell its German coal operations, as the company moves away from activities blamed for climate change. The coal operations, employing 8,000 people, represent about one-tenth of Vattenfalls power production in Germany, where it is the third-largest energy supplier. The government supports the proposed transfer of Vattenfalls coal operations, said industry minister Mikael Damberg. Vattenfall is on the way...

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Category:Electronics and Electrical

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