Beyond Fossil Fuels @beyondfossilfuels.bsky.social · 13/02/20254/7 One of the biggest tricks? LEAG, a German coal company, was owned by EPH until 2023. EPH then transferred the company to EPETr—but structured the deal so it still holds decision-making power over LEAG. 121 0
Beyond Fossil Fuels @beyondfossilfuels.bsky.social · 13/02/20255/7 For its next sleight of hand, EPH plans to use the same arrangement and deal structure for German #coal-mining company MIBRAG, this year. Europe needs to phase out coal by 2030, and MIBRAG intends to mine coal until 2035. 121 0
Beyond Fossil Fuels @beyondfossilfuels.bsky.social · 13/02/20256/7 Investors & banks have a choice: keep funding a company playing shell games with coal, or demand a real transition. With major loans & bonds due for EPH this year, the stakes are high. 💰🔥 121 0
