“Tax on CO₂ to save the climate”
Handelsblatt
The German Renewable Energy Federation (BEE) will present a proposal to put a tax on the use of fossil fuels in power generation, which would complement the EU Emissions Trading System (ETS), writes Klaus Stratmann in Handelsblatt. A study by consultancy Energy Brainpool, commissioned by BEE, showed that a tax of 20 euros per tonne of CO₂ would lower the renewables surcharge (EEG-surcharge) and result in “considerable additional emission reductions”, because coal-fired power production would decrease, writes Stratmann.
Read the article (behind paywall) in German .
For more information, see the 淨 factsheet Germany ponders how to finance renewables expansion in the future.
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