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Finance GreenWatch » 8.Eathquake & Nuclear accident » E.ON’s Teyssen Says Germany to Miss CO2 Targets on Nuclear Exit(Bloomberg)

E.ON’s Teyssen Says Germany to Miss CO2 Targets on Nuclear Exit(Bloomberg)

Germany will “definitely” miss its carbon-dioxide reduction targets if it decides to exit nuclear power earlier than planned, Johannes Teyssen, chief executive officer of utility E.ON AG, said Thursday in Berlin.

The exit would add at least 60 million metric tons of CO2 in 2020 as utilities boost fossil-fuel-fired power generation while imports from neighboring countries will contribute 20 million tons to Germany’s output, he said at a meeting of the government’s energy security commission.

Natural-gas-fired power plants will make up the bulk of the facilities electricity companies build to compensate for the shortfall in capacity from the phase-out, he said at the conference.

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