Few countries are pricing carbon high enough to meet climate targets – OECD
Governments need to raise carbon prices much faster if they are to meet their commitments on cutting emissions and slowing the pace of climate change under the Paris Agreement, according to a OECD report.
In a separate press statement, Lukas Köhler, climate policy spokesperson of the Free Democrats’ (FDP) parliamentary group in the Bundestag, calls the OECD report a wake-up call to the German government to finally extend the European Emissions Trading System (ETS) to all economic sectors.
Find the OECD press release in English here.
For background, read the CLEW article German environment minister open to national carbon price.