Time To Say Goodbye

To all those jobs in the German nuclear power industry, I mean. It’s phase-out time in more ways than one over here.

It’s coming out that E.ON, Germany’s largest energy provider, is now to go on an extreme austerity diet and is about to “restructure,” as they like to say, know what I’m saying? They’re even talking about closing down the big new headquarters they just moved into a year ago.

But hey, it’s all worth it. No pain no gain or something. And don’t worry, there are no other hidden fallout issues here, either.

Of 17 German nuclear power plants, half are now turned off; all of them will be shut by 2022. That’s a loss of 22 billion euros in profits.

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