German energy giant RWE has begun dismantling a wind farm to make way for a further expansion of an open-pit lignite coal mine in the western region of North Rhine Westphalia.
I thought renewables were cheaper than coal. How is this possible?
German energy giant RWE has begun dismantling a wind farm to make way for a further expansion of an open-pit lignite coal mine in the western region of North Rhine Westphalia.
I thought renewables were cheaper than coal. How is this possible?
I mean, that’s probably actually it. Short term profits are all shareholders care about. We’ve seen that time and time again where businesses will absolutely mutilate themselves just so shareholders can enjoy a short term price spike. This is just a pump and dump but for the energy industry.