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Germany backs carbon pricing in EU climate policy overhaul - document
REEI 2021/06/07

The German government is backing an extension of European Union carbon pricing and an end to free carbon permits for airlines as the bloc prepares new measures to help meet climate change targets, according to a document seen by Reuters.

The European Commission will propose a dozen climate policies on July 14, each designed to slash greenhouse gases faster in line with an EU goal to cut net emissions 55% by 2030 from 1990 levels.

The package will include reforms to the EU carbon market and a border levy to impose CO2 costs on imported goods. All the policies will need approval from EU governments and the European Parliament.

In a document detailing its position on the package, Germany backed the Commission's plan to impose CO2 prices on transport and heating in buildings through a separate system to the EU's existing carbon market.






Guest post from Reuters