ETS prevents more electricity from coal from increasing emissions

Exciting round on Markus Lanz yesterday: Luisa Neubauer, Karen Pittel, Yasmine M’Barek and Ralf Stegner lively wrestled over new insights into the topics of climate protection, war in Ukraine and resource dependence on Russia. Without the always excellent differentiating contributions of VWL Professor Karen Pittel of the ifo Institute – Leibniz Institute for Economic Research, a lot more would certainly have ended up in the same pot and gotten mixed up.

Only one hint, which almost always gets lost, was also missing from her: the European Emissons Trading prevents that a reactivation of coal-fired power plants leads to more emissions in Europe. Only the number of available emission rights determines the amount of emissions, not whether Germany needs more or less of them.

https://www.zdf.de/gesellschaft/markus-lanz/markus-lanz-vom-28-juni-2022-100.html

More interesting articles

21/02/2024
Emissions trading to be expanded in 2024: International shipping to be included on a mandatory basis

Integration into the EU ETS This year, international shipping will be inte-grated into the EU...

Read now
09/02/2024
CO2 reduction in portfolios from a regulatory perspective

It is not always so easy with regulation. What was well-intentioned on the part of politicians can...

Read now
11/12/2023
COP28 – Interim conclusion on the last meter

The COP28 conference in Dubai is slowly coming to an end and it is time to draw a first conclusion....

Read now