SeekerBlog

Many things we think are true are not. Together we can fix that. @SteveDarden

German utilities want 15 bn euros for nuclear shutdown

Posted on July 12, 2012 by Steve Darden

German power suppliers are suing the government for 15 billion euros ($19 billion) in damages over the decision to abandon nuclear power, the Frankfurter Allgemeine Zeitung reported Wednesday.

3 thoughts on “German utilities want 15 bn euros for nuclear shutdown”

Frank Eggers on July 13, 2012 at 8:04 am said:

The banning of nuclear power is only temporary. When the German people discover the consequences of banning nuclear power, they will change their minds.
Steve Darden on July 13, 2012 at 11:44 am said:

For climate’s sake I sure hope you are right. Have you seen any objective projections of how much utility bills will increase if all nukes are shuttered?
- Frank Eggers on July 13, 2012 at 12:33 pm said:
  
  I haven’t seen projections, but I would expect the increase to be sufficient to cause consumers to object strongly.