We don’t need national climate targets, but international solutions - commentary
Die Zeit
National climate policy, in addition to international emissions trading schemes, only produces costs and does not lead to fewer emissions overall, writes economist Joachim Weimann in a guest commentary in German weekly Die Zeit. This is because excess allowances were simply sold to other countries. Germany’s national climate policy has been without effect and even counterproductive, writes Weimann. “Introducing national climate targets as a country that is part of an emissions trading system is foolish.”
Read the guest commentary (behind paywall) in German here.
For background, read the CLEW factsheets Understanding the European Union’s Emissions Trading System and Germany’s greenhouse gas emissions and climate targets.
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