Uniper and Fortum coal plants
must be closed!
The state-owned Finnish energy company Fortum is the greatest single owner of the German company Uniper. The Finnish state is thus indirectly responsible for enormous emissions from coal and gas plants all over Europe: the emissions of Uniper’s coal plants alone equal approximately half of Finland’s annual emissions! Fortum’s strategy is based on low carbon emissions, which makes Fortum an excellent company to close down Uniper’s coal plants by 2030 as Uniper’s new owner.
URGE FORTUM TO BECOME A CLIMATE LEADER:
Selling the coal plants is not the right choice.
Fortum must start rapidly closing down Uniper’s coal plants – as well as those under Fortum’s direct ownership – while observing workers’ rights.
What is this about?
The state-owned Finnish energy company Fortum now owns 47.35% of the German company Uniper’s shares and is thus Uniper’s greatest single shareholder. In connection with the Uniper purchase, the Finnish state becomes responsible for enormous amounts of emissions from coal and gas plants all over Europe: the emissions of Uniper’s coal plants alone equal approximately half of Finland’s annual emissions!
Coal burning must stop as soon as possible if we hope not to exceed the temperature limits specified in the Paris Agreement. This means that coal must be abandoned everywhere in Europe by 2030. Fortum must make the decision to stop coal use both in Uniper’s coal plants and in those under Fortum’s direct ownership. The construction of new coal plants in Poland (Zabrze) and Germany (Datteln 4) must be stopped.
If Fortum sells the coal plants, it cannot know how those plants will be treated. By keeping the coal plants, Fortum can ensure they are rapidly closed down and keep its strategic promise to lead the transformation towards a low-emission energy system.