EU coal plants bleed EUR 6.6 billion in 2019

European coal-fired power plants are "hemorrhaging" capital to such an extent that they will require further state subsidies, says think tank Carbon Tracker. EUR 6.6 billion flows out of slits and lacerations cut by renewables and increasing prices on CO2 quotas.
Photo: Kacper Pempel/Reuters/Ritzau Scanpix
Photo: Kacper Pempel/Reuters/Ritzau Scanpix

2019 might be the year when unmendable wounds begin to prove fatal for European coal-fired electricity.

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