Bloomberg News

EON Chief Suggests Energy Subsidies for Low Earners, Bild Says

March 29, 2012

EON AG Chief Executive Officer Johannes Teyssen said the German government should give subsidies to low-income households if the country’s withdrawal from nuclear power results in very high energy prices, Bild Zeitung reported.

The transition from nuclear power shouldn’t make energy a luxury item, Teyssen told the newspaper.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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