Conservative business association against set end date for coal
The Economic Council of the CDU (CDU Wirtschaftsrat), a professional association of business actors associated with the conservative Christian Democratic Union (CDU), has come out against an official end date for coal-fired power generation in Germany, reports Jakob Schlandt in Tagesspiegel Background. In a position paper seen by Tagesspiegel, the organisation writes: “A politically forced, hasty withdrawal from coal-fired power generation as a national solo-run would [...] further increase electricity prices and endanger supply security.” The paper also warns that an “overly hasty coal exit” would significantly drive up power prices and burden energy intensive small and medium-sized companies, writes Schlandt.
Find the article (behind paywall) in German here.
Find background in the article Commission watch – Managing Germany’s coal phase-out.