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Keyword: carolinecopley

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  • Exit now, pay later: Germany’s rushed farewell to nuclear power

    11/01/2015 1:02:18 PM PST · by sparklite2 · 15 replies
    One America News Network ^ | November 1, 2015 | Christoph Steitz and Caroline Copley
    The decision, one of the biggest policy turnarounds in Germany's history, lays bare a lack of coordination untypical for Merkel, a physicist by training and known for her disciplined step-by-step approach. As the Fukushima disaster approaches its fifth anniversary, Germany's utilities are in crisis and struggling to shoulder the shutdown bill. There are fears the government may have to bail them out. Germany is already facing billions of euros in costs related to the influx of thousands of refugees, an emissions scandal at Volkswagen and multiple bailouts for its banks.