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Magnet-Schultz CEO: “We Will Not Be Able to Meet the Climate Targets without Massive deindustrialization.”

Albert W. Schultz, head of the Memmingen-based company Magnet-Schultz, warns against a disastrous course in energy policy. He explains why he wants to stick with coal for longer.
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Albert W. Schultz, head of the Memmingen-based company Magnet-Schultz, warns against a disastrous course in energy policy. He explains why he wants to stick with coal for longer.

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Augsburger Allgemeine broke the news on Monday, June 15, 2026.
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