Who gains from saving nature
Ledger 1 : 33 — For each dollar financing nature-based solutions in 2023, about $33 financed activities harmful to nature. (UNEP)
Cases / Oil, gas and coal operations · Germany · 2015–2020

Germany pays 317 million euros in premiums to 11 coal plants, including Moorburg

Short record: the main facts, with sources. A full case file has not been prepared.

Nature's voice · report
No measurement of the harm done to me here is on record.
Did nature suffer? Not measured.
Not on record
  • The record does not name which of my species, waters, soils or forests were harmed.
What the record lacks: 1 none on record · 2 insufficient · 1 not measured See the gaps

In December 2020 Germany's hard coal closure auction paid 317 million euros to 11 plants, including two Moorburg units, and 216 million euros went to RWE. At stake for nature is public money paid to coal plant owners for closing, and the amount paid to Vattenfall was not disclosed.

What?
Germany's hard coal closure auction paid 317 million euros to 11 plants, including two Moorburg units. dpa-AFX / Börse Online
Where?
Moorburg, Hamburg, Germany dpa-AFX / Börse Online
When?
1 December 2020 dpa-AFX / Börse Online
Who?
Gained
Lost
Harmed
None on record
Why?
Not stated in the sources reviewed.
How?
Closure premiums paid through a hard coal auction dpa-AFX / Börse Online
6 of 6 questions answered from the record

What happened

The record, in order.

dpa-AFX reported on 1 December 2020 that Germany's hard coal closure auction had paid 317 million euros to 11 plants.

The same report says two Moorburg units won closure premiums in that round, and that RWE received 216 million euros of the total.

The amount Vattenfall received for Moorburg was not disclosed in the source.

    In court and with insurers

    Every proceeding and every insurer decision on record.

    Lawsuits and rulings

    No court case on record. No court has ruled on this case.

    Insurers

    No insurer decision on record.

    What we don't know

    Undisclosed, unproven, untried: recorded as data.

    Nature

    • Not measured Harm to nature: The record holds no measurement of harm to nature.

    Record

    • Insufficient Reported but not verified: Vattenfall sued Germany in 2009 under the Energy Charter Treaty over limits on cooling water drawn from the Elbe, seeking 1.4 billion euros.
    • Insufficient Reported but not verified: the dispute closed in August 2010 in a settlement on confidential terms, and the press suggested water-use limits had been loosened.
    • None on record Not stated in the sources reviewed: the amount of Vattenfall's own closure premium.

    Did the harm stop?

    Not stated in the sources reviewed.

    Who paid?

    Not stated in the sources reviewed.

    Sources

    Voices on record: — Company or project— Government and regulators— Courts✓ Press and investigations— Communities and civil society— Researchers

    Press and investigations

    Connected cases

    Related matters, and cases linked to this one through the same organisations, with the role each played in both.

    Insurance

    Premium
    The price paid for an insurance policy.