RWE, Germany’s biggest power company, is going green

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Buying ConEd’s 3GW renewable business will make RWE America’s fourth-­largest provider of green energy. Yet some investors argue that the company is not ambitious enough

Save time by listening to our audio articles as you multitaskhas become a household name in its home country as an operator of nuclear plants and lignite mines—which has made it the target of many a protest over the years. In 2019, for instance, activists camping in dozens of treehouses stopped it from clearing what was left of the Hambacher forest, a once-vast tract of woodland in western Germany, in order to continue mining lignite.

ConEd’s 3America’s fourth-largest provider of green energy, but also comes with a pipeline of wind and solar projects of over 7could exit from coal even earlier than 2030. Markus Krebber, the firm’s boss, told analysts that its lignite business is likely to be hived off as a non-profit foundation as soon as the current energy crisis ends and German politicians have the time to give regulatory approval.is not ambitious enough.

 

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The greens may yet succeed in starving out humanity

Ambition is always a necessary component, but it is not always sufficient! Patience and persistence is what is needed in any endeavor! Platitude, yes! That is what it always has been!

Fugitive president lol

Going broke more like

let's stop believing that everything turns to their benefit, there are also people who don't see things that way and we will know that for some reason they will want to deceive us, that they will not always win.

No ambitious enough? Drowning in decision-making procedures is more likely.

GreenEnergy

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