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Octobre 2015 / Reuters

Germany approves draft law extending nuclear liability



BERLIN Wed Oct 14, 2015

German Chancellor Angela Merkel's cabinet approved a draft law on Wednesday which ensures that utility companies remain liable for costs associated with the shutdown of the country's nuclear power plants.

The legislation closes a legal loophole, preventing firms from evading decommissioning costs by spinning off their nuclear assets.

Under current laws, German energy companies are only liable for five years for units they have spun off. (...)

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