As of 2021, Germany will put a price on each ton of carbon emitted. In December 2019, the federal government, finally, agreed to initiate a fixed carbon price through a national emission trading scheme (ETS) starting with a moderate price of 25 €/ton in 2021 and reaching as high as 55 €/ton in 2025. This...
In November 2019, the German federal government passed the new “Klimapaket” (Climate Packet) to immediately take action to achieve the initial pledges made in the Paris Agreement. Long discussions and revisions have taken place internally among parties and in parliament to reach to the final document of the “Klimaschutzgesetz”, which is the official agreement to...
