Anthropocene Fixed Income Institute

Let us be clear: the German decommissioning auction is not a happy affair for the involved – the

American expression would be that this is a “shotgun wedding.” But we applaud the closure of 4.8GW of German coal, not least the Vattenfall Moorburg white elephant project.

  The upcoming German hard coal decommissioning auction is giving   the chance for several European governments, through their controlled   subsidiaries, to get rid of coal exposure. What should be the tactics?