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Coal exit: Germany deletes all carbon credits

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Published: February 14th, 2024,
Last updated: May 30th, 2025

Decommissioned: Voerde coal-fired power plant near Dinslaken.
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Germany is removing all carbon credits from the market that are no longer being used by power plants after they have been decommissioned following the country’s coal exit. These credits are now temporarily stored in the EU Emissions Trading System’s „Market Stability Reserve“ (MSR). According to the German government, however, they will no longer return to the market. This means they cannot be used elsewhere in Europe’s carbon trading system. The German Ministry for Economic Affairs and Climate Action (BMWK) has confirmed this to Table.Media.

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EU Coal phase-out Emissions trading