Germany could reach 2020 climate targets with EU ETS minimum price – policy paper
Mercator Research Institute on Global Commons and Climate Change (MCC) / Postdam Institute for Climate Impact Researcgh (PIK) / European Climate Foundation (ECF)
The EU should quickly introduce a minimum price to the Emissions Trading System (ETS), because the current prices do not create the necessary incentives for low-carbon assets, according to a policy paper published jointly by the Mercator Research Institute on Global Commons and Climate Change (MCC), the Postdam Institute for Climate Impact Research (PIK), and the European Climate Foundation (ECF). “The quick introduction of a price floor to the EU ETS would also make it more likely for Germany to reach its 2020 climate targets—which the country is about to miss if emissions do not fall sharply within the next two years”, according to a press release.
Find the press release and policy paper in English here.
All texts created by the Clean Energy Wire are available under a
“Creative Commons Attribution 4.0 International Licence (CC BY 4.0)”
.
They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a
link to the license, and indicate if changes were made.