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Volkswagen to shut coal fired power stations in Wolfsburg

Christian Fernsby |
Volkswagen is shutting down two coal fired power stations in 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 today.

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Topics: VOLKSWAGEN    COAL    POWER    WOLFSBURG   

"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 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.


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