Āé¶¹ĪŽĀė°ę

News Digest Item
18 Jan 2017

ā€œCO2 needs a priceā€

Frankfurter Rundschau

Even though renewable power is now cheaper than conventional fossil power in many countries, it would be wrong to assume global energy and climate policy will become ā€œa no-brainer,ā€ Brigitte Knopf, secretary general of the Mercator Research Institute on Global Commons and Climate Change (MCC), said in an interview with Frankfurter Rundschau. While ā€œrenewables are on the rise globally,ā€ many countries still count on cheap coal plants to spur their growth, Knopf explained. ā€œThe G20 countries under a German presidency should therefore enforce a CO2 price as an important element of climate protection,ā€ she said. Knopf stressed that to reach its own climate targets, Germany must step up efforts to phase out coal and called for a steady price increase for carbon allowances under the EU’s emissions trading system (ETS).

For more information on the Energiewende and emissions, read the Āé¶¹ĪŽĀė°ę dossier The energy transition and climate change.

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