Germany needs binding CO₂ price in all sectors - E.ON head

The country needs a “sustainable and binding” CO₂ price in all sectors, including transport and heating, to correct mistakes in Germany’s energy tax and levy system, CEO of utility E.ON Johannes Teyssen told Die Welt in an interview. “With this, many things work themselves out, in the course of time also coal,” he said. The next federal government, however, should then find ways to relieve energy intensive industries, people in rural areas, commuters and people in need, said Teyssen.

Read the interview in German here.

Also read the CLEW news item E.ON CEO says postponing Germany’s 2020 climate goal is “appropriate” decision, and for more reform proposals, read CLEW’s factsheet Germany ponders how to finance renewables expansion in the future, and for background on the coalition talks, read the article German party leaders agree energy policy blueprint for coalition talks and the coalition watch.