Sep 12, 2016
FRANKFURT – Germany is close to an agreement with its utilities that will see the government assume the risks and liabilities of storing private-sector nuclear waste in return for a €26.4 billion ($29.6 billion) cash payment, daily Boersen-Zeitung reported on Saturday.
An initial recommendation from an expert commission in April was for Germany’s power firms, led by industry leaders E.ON and RWE, to pay a total €23.3 billion to remove unwanted long-term liability for (...)