Germany wants to remove allowances from • Table.Briefings

The coal phase-out has been decided – but it was so far unclear whether the freed-up allowances would be removed.

It is the decisive question for climate action when it comes to the coal phase-out: Will the emission allowances freed up by the coal phase-out be removed from the market? The German Ministry of Economic Affairs wants to remove these allowances from the market. This could cost the German government billions.

The emission allowances in the EU Emissions Trading System (ETS) that will be freed up by the planned coal phase-out are to be removed entirely from the market, according to the German Federal Ministry for Economic Affairs and Climate Action (BMWK). This is what a ministry spokesperson told Table.Media. Only with this approach would the coal phase-out in Germany contribute to emission reduction.

Germany wants to remove allowances from coal phase-out

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