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Four in five EU coal plants are unprofitable — report

A report by the Carbon Tracker Initiative has revealed 79% of EU coal plants are running at a high financial loss because they can't compete with cheap renewables. A German company faces the biggest loss.

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2 Nov 2019
A report by the Carbon Tracker Initiative has revealed 79% of EU coal plants are running at a high financial loss because they can't compete with cheap renewables. A German company faces the biggest loss.