AFP—German energy firm RWE vows CO2 emission cuts—“We will make as much money with renewable energy” [View All]

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German energy firm RWE vows CO2 emission cuts: report

(AFP) BERLIN — Germany's second biggest energy firm RWE plans to significantly cut CO2 emissions from its power stations by 2012, chief executive Juergen Grossmann said in an interview to be published Sunday.

Grossman told the Welt am Sonntag newspaper that RWE plants would reduce their CO2 emissions from 180 million tonnes to 140 million tonnes before the end of 2012.

"This includes closing 16 of our oldest units," Grossman was quoted as saying. "We will make as much money with renewable energy as we do now."

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"We'll succeed in getting a full supply with renewables only if we can store electricity because the wind does not always blow and the sun does not always shine," he said.

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