News Digest Item
27 Sep 2016

“CO2 is particularly expensive in Germany”

Frankfurter Allgemeine Zeitung

A new OECD study comparing tax regimes and emissions trading systems in different countries reveals that CO2 emissions are particularly expensive in Germany, reports Frankfurter Allgemeine Zeitung. Almost half of emissions in Germany cost 30 euros or more per tonne of CO2. On average, it costs 59 euros to emit a tonne of CO2 in Germany, due to a price of almost 220 euros per tonne in the transport sector. On an international level, emitting a tonne of CO2 costs 14.40 euros – less than half the study’s estimated “real climate cost” of 30 euros.

Read the report in German here.

Find the OECD’s study “Effective Carbon Rates” in English here.

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