Energy

Germany turns to coal as Russia throttles gas supplies

0


Germany plans to compensate for a cut in Russian gas supplies by increasing the burning of coal — the most carbon-intensive fossil fuel in terms of emissions.

Bloomberg | Bloomberg | Getty Images

Germany has said the deteriorating gas market situation means Europe’s largest economy must limit the use of natural gas for electricity production and burn more coal for a “transitional period.”

Economy Minister Robert Habeck on Sunday warned that the situation is going to be “really tight in winter” without precautionary measures to prevent a supply shortage.

As a result, Germany will seek to compensate for a cut in Russian gas supplies by increasing the burning of coal — the most…



Source cnbc.com

0 0 votes
Article Rating

Everyone knows inflation is on fire. Here’s what’s really fueling it

Previous article

A day after Powell’s assurances, markets are worried something breaks

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Energy