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“With the Green Deal, sustainability reporting requirements and the ban on combustion engines in particular, the von der Leyen Commission has damaged the German and European economy and prevented growth,” the FDP continues.
Instead, the EU should rely “much more heavily on emissions trading as the sole guiding instrument of climate policy.”
Under the bloc’s Emissions Trading System (ETS), the price per ton of carbon is currently around €75, down from its high near €100 last year.
The Potsdam Institute for Climate Impact Research warned last week that “anything that deteriorates the long-term credibility of [the] EU’s climate targets could cause ETS carbon prices to collapse again in the short term and lead to insufficient climate protection investments.”
Source link : https://www.politico.eu/article/eu-green-deal-no-thanks-germanys-liberals-want-a-weaker-yellow-deal/
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Publish date : 2024-06-03 17:02:00
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