“White Paper: Effects of a minimum CO2 price in Germany”

Introducing a national minimum CO₂ price of 75 euros per tonne would enable Germany to meet its target of reducing emissions in the energy sector by 61 to 62 percent by 2030 compared to 1990 levels, energy market analyst company Energy Brainpool has said in a press release. According to Brainpool, the target will not be met if the price for emitting one tonne of CO₂ increases to only 27.60 euros, as anticipated in the World Energy Outlook by the International Energy Agency. But even with a national minimum price, “60 percent of the emissions avoided in Germany would still be emitted in European neighbouring markets via electricity imports from Germany”, Energy Brainpool’s director, Tobias Kurth, explains. 

Read the press release in German here.