Revenue from carbon pricing in Germany reached 18.5 billion euros in 2024. As this is slightly more in absolute figures than the 18.4 billion euros achieved in the previous year, the Federal Environment Agency (UBA) celebrated this as „record revenue“ on Tuesday. Emissions trading has thus „developed into the central cross-sectoral climate protection instrument,“ explained UBA President Dirk Messner. However, the revenue is significantly lower than expected: The federal budget for 2024 had projected CO2 revenue of 20.4 billion euros.