Polish Government Plan to Make State-owned Firms Shoulder Bankrupt Coal Mines

The new government announced plans to compel other state-owned companies to kick in funding to bankrupt coal-mines also owned by the government. Since it costs more to mine the coal than its market value (and Polish coal is notoriously poor in quality), this is the classic maxim of throwing good money after bad. Or maybe the black hole of Poland?

Animation here.


Popular posts from this blog

Hitting Reality: Polish Energy Policy Meets the Facts

New Rules on Polish Auctions for Biogas

Renewable Energy in Poland Slowed Down by Auction Mechanism