- Jul 22, 2020 2:57 pm GMT
Michael Bloomberg's investment of $500 million in wind and solar is a mistake, according to the CEO of his company Bloomberg New Energy Finance (BloombergNEF). Michael Liebreich says renewables are "hardly a particularly convincing springboard" for decarbonizing the global energy system. He notes EON’s Isar-2 nuclear power plant in Bavaria, built in 1988, "produced 83% as much zero-carbon power in 2018 as all the wind turbines in Denmark," adding "German anti-nuclear activists will be weighed in the same scales by history as fossil fuel promoters."
Given Michael Bloomberg hasn't invested a dime in it, "We Need To Talk About Nuclear Power" might have been addressed to Liebreich's boss.
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