As the largest engineering company in Europe, Siemens has decided to abandon its investments in nuclear power in response to political aversion towards nuclear power. Despite having built all 17 of Germany's nuclear power plants, they plan on setting 35% of their electricity to come from renewable sources by 2020.
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Siemens, the largest engineering conglomerate in Europe, announced Sunday that following the German government’s decision to phase out nuclear power by 2022, it would stop building nuclear power plants anywhere in the world. “The chapter for us is closed,” Peter Löscher, the chief executive of the Munich-based conglomerate, said in an interview with Der Spiegel, the weekly news magazine. He emphasized the company’s commitment to the rapidly growing renewable energy sector.
He said the decision was also “an answer” to political and social opposition to nuclear power in Germany.
Link -via TreeHugger | Photo Credit Topato
If anyone knows of one that has insurance, I would like to know. (insurance by a government doesn't count)