We don鈥檛 need national climate targets, but international solutions - commentary
National climate policy, in addition to international emissions trading schemes, only produces costs and does not lead to fewer emissions overall, writes economist Joachim Weimann in a guest commentary in German weekly Die Zeit. This is because excess allowances were simply sold to other countries. Germany鈥檚 national climate policy has been without effect and even counterproductive, writes Weimann. 鈥淚ntroducing national climate targets as a country that is part of an emissions trading system is foolish.鈥
Read the guest commentary (behind paywall) in German .
For background, read the 威力彩玩法 factsheets Understanding the European Union鈥檚 Emissions Trading System and Germany鈥檚 greenhouse gas emissions and climate targets.