Editorial

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Published: February 16th, 2023,
Last updated: February 16th, 2023

Dear reader,

It is the main benchmark for everything climate action: Will a particular decision or measure help lower carbon emissions? And can it be proven? Yes, says Germany’s Green Climate Minister Robert Habeck, at least when it comes to the coal phase-out. Because he wants to retire all emission allowances that will be freed up as a result. And with this, counter the criticism that Germany’s emission reductions have no effect on the global climate in the European „waterbed“. But this also means that the German government will forego billions in revenue from these auctions.

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