News Digest Item
10 Oct 2017

Industry reacts to CO₂ price proposals ahead of coalition talks

Frankfurter Allgemeine Zeitung

Ahead of the government coalition talks, industry representatives have voiced concern over recent proposals on CO₂ pricing by German experts or French President Emmanuel Macron, writes Andreas Mihm in Frankfurter Allgemeine Zeitung. “The German industry needs reliefs, not additional burdens through a CO₂ tax”, Eric Schweitzer, president of the Association of German Chambers of Commerce and Industry (DIHK), told the newspaper. A CO₂ pricing mechanism already existed within the EU Emissions Trading System (ETS), and a national tax would be a double burden for German companies. Holger Lösch, deputy director general of the Federation of German Industries (BDI), said: “At best, the French nuclear power plants would profit, but not Germany as an industrial location.”

Read the article in German .

For background, read the 淨 article Experts call for CO2 price to retain Energiewende’s credibility.

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