Source: CCTV Finance and Economics
[# Germany will shut down all coal-fired power plants by 2038 # # European countries scale back nuclear power #] A series of energy crises have put many countries in trouble, but even so, Germany insists on shutting down the last three nuclear power plants next year, becoming the first western industrial power to completely abandon nuclear power. A decade ago, nuclear power accounted for 1/4 of Germany's electricity supply. Not only nuclear power, but according to Germany's plan, all coal-fired power plants will be closed by 2038 and the use of natural gas will be abandoned by 2050. German policy has also greatly affected the rest of Europe. Switzerland, Belgium, Spain and France also plan to give up or reduce nuclear power. France, a global nuclear power, plans to reduce its share of nuclear power from the current 75% to 50% by 2035.