ETS on track to close half of Germany’s coal fleet – gov energy advisor
Montel News
Germany would close about half of its coal-fired power generation capacity by 2030 on economic grounds alone if the price of EU Emissions Trading System (ETS) allowances remained above its current level of 25 euros per tonne of CO₂, economist Andreas Löschel told journalist Nathan Witkop in an article for Montel News. Löschel heads the German federal government's Energiewende monitoring expert commission.
Find the article in English here.
For the full background, read the CLEW article Rising CO2-price could trigger German coal phase-out in 5 years, and the CLEW interview "Energiewende acceptance will become key question"-gov energy advisor.
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