Though Australia is still stuck in debates regarding taking up carbon pricing, Germany on the other hand is certain about closing down 17 nuclear plants in the country by the year 2022. Germany will be the first nation to come out of the web of nuclear energy absolutely and is reported to have faced no oppositions within its nation to arrive at such a decision.
Angela Merkel, the German Chancellor has stated that the energy gap would be made up for with the help of boosting the current growth in the renewable sources of energy sector.
The nation is already working towards achieving the goal of increasing the production of energy from the renewable sources like solar energy; wind etc by two fold within the next ten years.
Italy has also joined the league with Germany which means two of the most powerful Axis powers agreed to free their nations completely of nuclear energy. Italy has also declared its plans of closing down all the nuclear power plants in its territory keeping in mind the recent nuclear disaster in Fukushima in Japan.
According to the latest reports, an advanced Chinese submarine has discovered large deposits of precious metal including gold and silver in the Indian Ocean.
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Ryanair Ltd., an Irish low-cost airline, on Thursday announced that it made a mistake in announcing that its board had agreed on the plans to expand to North America.
The mistaken announcement by the airlines doesn’t end there as while…
American Toymaker company Mattel on Thursday reported 21% decline in sales during the third…
The Google Glass Explorer edition is now available across the Google Play store across the US….
German retailer Metro AG witnessed a slow start to the Christmas season in its home market. But Metro affirmed that it is expecting ‘satisfactory’ Christmas trading as its operating profit was more than the expectations.
In the final…
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