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Group action for nuclear phasing out – Germany vs Vattenfall

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The Swedish energy company Vattenfall wants money from Germany, quite a lot of money. EUR 6.1 billion, as ‘damage compensation’. The company argues that the maturities of its nuclear reactors were devalued after the nuclear phase-out in 2011. In 2012, Vattenfall filed a lawsuit against Germany before a private, international arbitration tribunal in Washington. A decision is expected this year or at the latest at the beginning of next year. But how does this happen and what can we do about it? The video provides information.

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