“New direction for an expensive piece”
The Energiewende must be steered more intelligently, and the key is a price tag for CO₂, writes Klaus Stratmann in an opinion piece in Handelsblatt. While it might be naïve to bet on this instrument – because it has been neglected over the past years – “it would be straight up crazy to add further questionable versions to all the contradictory, inefficient and costly instruments that are supposed to enforce the Energiewende”, writes Stratmann. He says that renewables support must be fundamentally changed in the next legislative period.
For background read the CLEW factsheet Understanding the European Union’s Emissions Trading System and the CLEW article Experts call for CO2 price tag to preserve Energiewende’s “credibility”.