RWE targets climate neutrality by 2040 as sun sets on coal

Europe's largest CO₂ emitter, German utility RWE AG, has just pledged carbon neutrality by 2040, which it plans to achieve through coal plant decommissionings, biomass conversions and by expanding its renewable energy portfolio.

Photo: Ina Fassbender/Reuters/Ritzau Scanpix

BY WILLIAN WILKES, BLOOMBERG

RWE AG, Europe’s biggest carbon-dioxide emitter, plans to become climate-neutral by 2040 as the German utility shutters its remaining coal-fired power plants.

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