Germany stays out of call for stronger carbon pricing in EU
Germany decided against joining a call by other European countries to 鈥� because the environment ministry didn鈥檛 want to interfere with ongoing discussions on CO2 pricing by the country鈥檚 coal commission.
The nine signatories call for an extension of the European Emission Trading System (EU ETS) with the aim of strengthening the carbon price and reaching the long-term objectives of the Paris Agreement. Currently, only 52 percent of all EU emissions are covered by an explicit carbon price. The countries therefore suggest that added mechanisms such as carbon price floors or carbon pricing in non-ETS sectors would provide 鈥渞obust and predictable price signals鈥� across the economy that would trigger more effective decarbonisation.
The was published during the second week of the UN climate summit in Katowice where countries are negotiating to finalise the implementation rules of the Paris Agreement. Environment and energy ministers from France, UK, Netherlands, Sweden, Denmark, Finland, Ireland, Italy and Portugal signed the statement.
Although the German delegation in Katowice is pushing for strong and transparent rules, particularly in the area of emission markets, the environment ministry, which was approached by France to join the CO2 price declaration, decided to stay out of it.
鈥淓nvironment minister Svenja Schulze decided to not sign the statement out of consideration for the work of the commission on structural change and the coal phase-out,鈥� a ministry spokesperson told 威力彩玩法. The minister who was generally very much in favour of extending CO2 pricing and had said so repeatedly in the past, didn鈥檛 want to commit Germany in an international statement. All the concrete ideas on CO2 pricing had to come from the coal commission, which is due to deliver its recommendations in early February 2019. 鈥淲e don鈥檛 want to act prematurely on this, that would be counterproductive,鈥� the spokesperson said.
no longer among EU states seeking stronger EU , must be heartbreaking for anyone that voted for more of the chancellor 鈥�
鈥� Ben Garside (@BenJGarside)
Germany and France launched a working group this year to better coordinate climate policies. The group looks at how each economic sector can make its contribution to reaching the goals of the聽Paris Climate Agreement聽and how certain instruments - such as the EU budget, or 鈥渙ptions for a price on CO鈧傗�� - can be used in the most efficient and intelligent way.
noted that a carbon price would put the French nuclear-heavy power sector at an advantage over Germany鈥檚, where CO2-heavy coal and natural gas play a more prominent role. Some warned that this might drive power prices up in Germany, putting companies at disadvantage compared to their French competitors.
