Sunday, 17 July 2016

GERMAN POWER COMPANIES ARE IN FINANCIAL DIFFICULTY

This article gives the details of the difficulties they face as the German government attempts to reduce its level of CO2 emissions as well as phasing out nuclear power. If they persist they may well cause the collapse of the once mighty German economy. The danger for the German people is that once they have gone so far down the road it is very difficult to go back, without incurring even more costs to get back to where they were. It is rather like walking into boggy ground - once you have taken the decision to keep going you are bound to get stuck! 

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