UEX Corp UEXCF

19 years.

[mangoe]

From Destinator  https://investorshub.advfn.com/UEX-Corp-TSX-UEX-17360/


19 years. 

German Socialists say it will take 19 years to get away from coal generated electricity. The USA Democrats (Socialist in the making) claim we only have 12 years left on the planet. Which socialists do socialists want to believe? 


Click here for full article 


Here is what will change come the fall election in GERMANY. 

Quote:

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But Kaiser and other environmentalists — some 5,000 of whom had staged a loud demonstration Friday outside the meeting at the Economy Ministry in Berlin — expressed disappointment that they had fallen short of their goal of a coal phase-out by 2030. An opinion poll by ZDF television Friday showed 73% of Germans are in favor of a speedy phase-out. 

Leaders of four states that will be hard hit by the decision were also disappointed that they failed to obtain a total of $68 billion in support and compensation they were demanding. Two of the three governors in east German states are facing difficult elections later this year and there are fears the far-right Alternative for Germany party could capitalize on the looming loss of the industry that once flourished in the regions of Brandenburg and Saxony. 

... 

The initial targets are considerable, calling for a quarter of the country’s coal-burning plants with a capacity of 12.5 gigawatts to be shut down by 2022. 

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Does anyone really believe that they will be able to replace 12.5 gigawatts by 2022 with so called renewables? I certainly don't. 

They will have to buy their supply of power from France's Nuclear plants or Poland. The problem is that Poland probably can't get their Nuclear plant installed fast enough and even if they could, they are going to need all their nuclear power for themselves. Mark my words. GERMANY will NOT be shutting down any more nuclear plants after the next election.