Franco-German cooperation treaty does not mention carbon price

The new Franco-German treaty (Treaty of Aachen) that was approved by Germany’s government and will be signed on 22 January does not mention a new carbon price initiative despite calls by five political parties in parliament to do so, reports the energy news service Tagesspiegel Background. The Green Party’s climate spokesperson, Lisa Badum, said this was “more than sad,” given that “we would have needed at least a clear commitment to an immediate transformation to a greenhouse gas-neutral economy.” Badum suggested the German government is to blame for the omission given that “it is well known that President Macron is more than open to the subject.”