Germany’s nuclear shut down may cost $75bn

 Germany’s nuclear shut down may cost $75bn

Germany’s exit from the nuclear industry and subsequent construction of a waste disposal site could increase to 70 billion euros ($75.2 billion).
 
Four German nuclear operators – E.ON, RWE, EnBW and Vattenfall - are set to shut down all of their nuclear power plants by 2022 under a government directive. A government official said the four companies only set aside 36 billion euros ($42 billion) for the shut downs, but E.ON and EnBW said they will have sufficient provisions before the deadline, according to Reuters. The costs are expected to increase over the following decades.
 
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