• Reuters

  • SHARE

The German Cabinet plans to approve a draft law on Aug. 3 that will require its utilities to pay billions of euros into a state fund to help cover the cost of nuclear storage, according to an Economy Ministry timetable seen by Reuters on Monday.

A commission recommended in April that Germany’s “big four” power firms — E.ON, RWE, EnBW and Vattenfall — pay a total €23.3 billion ($26 billion) to remove unwanted long-term liability for the storage of nuclear waste.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW