Energy, Climate, New Economic Thinking​

Day: March 13, 2019

Siemens wants to shift responsibility for nuclear waste onto German state

Germany’s nuclear power plant operators have paid over 24 billion euros into a publicly-owned fund that is charged with financing the country’s nuclear clean-up. While the energy companies pay for deconstructing their nuclear plants, the state is responsible for ensuring that nuclear waste is stored safely. Clean Energy Wire

More banks are caught up in money-laundering scandals

Shares in Austria’s Raiffeisen Bank International tumbled by more than 12% on March 5th after a complaint was filed accusing it (and, to a lesser extent, other Austrian banks) of “gross negligence or acquiescence” in connection with suspicious flows from Danske. Raiffeisen says it is investigating. The Economist