VW to shut coal-fired power stations at main factory to cut CO2


FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company’s carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.

“I have already declined offers from several interested parties who wanted to buy our old Wolfsburg coal plants and rebuild them elsewhere in the world,” Diess said in a post bit.ly/38vkmsU on LinkedIn.

Volkswagen said it is replacing the coal-fired power stations with gas turbine plants, a step which will help cut VW factory’s carbon dioxide emissions by 60%, equivalent to the emissions of 870,000 cars.

Seven out of the ten biggest carbon-dioxide polluters in Europe are coal-fired power stations in Germany, Volkswagen said.

Reporting by Edward Taylor; editing by Thomas Seythal

Products You May Like

Articles You May Like

Pro-North Korea daily praises Oscar-winning ‘Parasite’ for ‘exposing’ South Korea’s reality
U.S. SEC probes Altria’s investment in Juul: source
Bloomberg faces barrage of bruising attacks at Democratic presidential debate in Nevada
Sierra Leone gangster leaves streets for life of poetry
Israeli fire kills Palestinian trying to plant bomb at Gaza border: Israeli military

Leave a Reply

Your email address will not be published. Required fields are marked *