“Climate risk and Germany’s lignite”
Â鶹ÎŢÂë°ć & Carbon Blog
Czech investor EPH’s acquisition of Vattenfall’s German lignite operations could be “a high stakes game” because lignite is “front and centre among risks facing investors from global efforts to slow climate change”, writes Gerard Wynn on the . Wynn lists three possible explanations for the purchase: “First, they [EPH] don’t believe that Germany will meet the 2030 emissions target. Second, they believe that another sector, not lignite, will bear the burden of reductions. Or third, they expect to be compensated for any forced early retirements.”
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