The EU Commission wants to plunder emissions trading

Markus Krebber and Felix Matthes

Felix Matthes (right) is a German environmental economist. Together with RWE board member Markus Krebber, they assess European emissions trading.

(Photo: Caro/Oberhaeuser)

There are not many brackets in European energy policy. And the most important of these brackets have to do with common markets. But especially in the crisis, this achievement of the common markets, which have been significantly deepened in recent years, is in danger.

This is particularly relevant for an elementary bracket of European energy and climate policy – European trading in CO2 emission rights. The EU Commission is now proposing to use this as a source of financing – which endangers Europe’s entire climate protection architecture. And with that, another major bracket of EU energy policy, the ambitious European climate policy, will be damaged.

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