German energy giant RWE has begun dismantling a wind farm to make way for a further expansion of an open-pit lignite coal mine in the western region of North Rhine Westphalia.
I thought renewables were cheaper than coal. How is this possible?
German energy giant RWE has begun dismantling a wind farm to make way for a further expansion of an open-pit lignite coal mine in the western region of North Rhine Westphalia.
I thought renewables were cheaper than coal. How is this possible?
The contract for RWE to expand the mine there goes back decades and the wind farm operator knew it would be demolished before they build it. It’s at the end of its life cycle now and had to be demolished one way or another.
German government could either breach their contract with RWE and pay them compensation or allow the destruction of a derelict wind park in exchange of RWE stopping coal extraction 8 years earlier then planned. It’s a job well done by the government.
They are the Government, they can just shut down coal immediately by law. Make all coal extraction immediately illegal, sue RWE for climate destruction, throw the executives in jail. Save the planet.
Is that legal? I’ll tell you the answer, it’s not. They would need to pay massive payouts to RWE for breach of contract. What you’re describing is rule of emotion, not rule of law.
Oh it’s absolutely possible to do it legally in Germany: Land, natural resources and means of productions can be socialised without even having to show that it’s for the common good, and compensation wouldn’t be what RWE is hoping for as the amount will not only take their interests into account but also that of the public. Article 15 GG.
But that article has never been used and I indeed would very much prefer if the first time it’s used it’s expropriating landlords in Berlin.
Another interesting approach would be to take Article 14 (2) seriously and demand that RWE buys carbon credits for every single ton of coal they pull out of there. Sure it’s their coal noone is disputing that but using it comes with an obligation to not hurt, if not serve, the common good.
You’re disregarding Art.15 III GG then. Particularly Art. 15 III s. 2,3 GG (of the German version), which regulate reimbursement in the case of nationalisation. Which, again, make it a fairly difficult thing to do. Especially as we all know that Art. 20a GG, which is the only logical argument to base this all on, is just a way of getting out of actually doing something. Pretty much everyone has agreed that it means nothing except for a vague sense of ‘direction’.
As for your last point, that could just as easily be interpreted as the energy they produce being in the service of energy production for the entire country, as well as ensuring that coal miners continue to have a job. If that’s not a socially beneficial use of coal reserves, not sure what to tell you. Energy self sufficiency is important.
As for your landlord comment, which honestly is an entirely different matter in and of itself, that basically won’t fall under ‘land, natural resources or means of production’, unless one of those Berlin judges decides to do Berlin things.
EDIT (because I forgot the context of what I was replying to)
None of this even takes into account that what the guy above me wrote was about simply ‘shutting down coal’ tomorrow. Which is a very different thing from taking public ownership, and then running the business into the ground overnight.
Which is to be equitable between the interest of the owners and society. That is, in a nutshell, below market value.
Yeah no that’s not how externalities work. They’re creating damage with that coal, even to break even it has to be curbed in some way, much less for them to do good. If you want to mount that defence don’t create externalities.
For those big landlords those apartments are means of production of rent. Wouldn’t work for smaller investors or even private abodes but we’re talking about companies with 2000+ (IIRC) apartments, here.
It’s legal if the Government of Germany makes it legal, and as other posters have pointed out, there are already ways that it could be done legally. Stop supporting fossil fuels.