Monday, May 30, 2011

Still Think Price Of Oil Is Going To Go Down? Germany To Exit Nuclear Energy By 2022

Link here.
Chancellor Angela Merkel's ruling coalition declared on Monday it would shut all German's nuclear reactors by 2022, in a policy reversal drawn up in a rush after the Fukushima disaster in Japan.

The coalition, sensitive to accusations it may increase dependence on highly polluting brown coal, said it planned to cut power use by 10 percent by 2020.
"Highly polluting brown coal"?

"Cut power use by 10 percent"?

It doesn't take a rocket scientist to sort out the carbon footprint on this one.