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Taxpayers must pay the freight for over-budget train projects
Topic - Merkel'S Government
There were cheers around Germany when Chancellor Angela Merkel announced last year, in the wake of the Fukushima disaster in Japan, a swift end to nuclear power in favor of renewable energy sources like wind and solar. But only 18 months into the plan, the cost of the switchover is beginning to sink in.
Germany's governing coalition said Monday it will shut down all of the country's nuclear power plants by 2022. The decision, prompted by Japan's nuclear disaster, will make Germany the first major industrialized nation to go nuclear-free in years.
German Chancellor Angela Merkel's conservatives have suffered a historic defeat in a state ballot after almost six decades in power there, partial results showed Sunday, in an election that amounted to a referendum on the party's stance on nuclear power.