“Fatal signal”
Frankfurter Rundschau
The nuclear waste pact the federal cabinet approved yesterday might be good news for the plant operators, but it sent out the “fatal signal” that Germany’s big four utilities were too large to fail, writes Frank-Thomas Wenzel in an opinion piece in Frankfurter Rundschau. “The managers will take note of it with a favourable attitude. In the coming years, they will think of many ways to be directly and indirectly supported by the state,” writes Wenzel.
For background read the CLEW article German utilities buy out of nuclear waste liability for 23.6 bln euros.
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