“Whose bread I eat, his song I sing”
E.ON CEO Johannes Teyssen’s reversal of tone on the Energiewende could be seen as simple pragmatism, or shirking responsibility, writes Christoph Eisenring in an opinion piece in Neue Zürcher Zeitung. Teyssen used to criticise Germany’s transition away from fossil fuels for driving up the cost of electricity and endangering supply security. After having spun off the company’s conventional energy division, Teyssen now heads the renewables arm and hails the changes. “Teyssen has eaten chalk,” writes Eisenring, referring to the old fairy tale ‘The Wolf and the Seven Young Kids’.
Read the opinion piece in German here.
Find background information in the CLEW factsheet E.ON shareholders ratify energy giant's split.