German coal company may get $1.1 billion for shutting mines 

Germany’s second-largest coal miner will likely receive approximately $1.1 billion in compensation for ceasing its fossil fuel operations. However, Bloomberg reported that the European Commission is expected to reduce the amount of state aid that was initially agreed upon for this purpose. 

The government had initially promised Lausitz Energie Bergbau AG around $1.89 billion to cover mine rehabilitation and closures.