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
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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