Co2 prize: economists surrender appreciation

Co2 prize: economists surrender appreciation

The "economic ways" give on Friday (12. July 2019) An estimate of excitement to the CO2 prize for more climate protection to Federal Chancellor Angela Merkel (CDU). The government counselors have investigated on behalf of the Chancellor’s office, how to increase the outset of carbon dioxide in order to demand climate-friendly technologies. This is the topic in the climate cabinet of the Federal Government. Decisions should only fall in September. Especially in the Union there is criticism of the CO2 price.

After the transfer to Merkel, the boss of "Economics", Christoph Schmidt, together with his colleagues, wants to introduce the special report. Background of the debate is that Germany is currently missing its own and international goals in climate protection. In the second september, the federal government wants to tighten a package that ensures that at least the goal for 2030 – namely 55 percent less greenhouse gases than 1990 – is safely achieved. A CO2 price is only one building block, but could cause a little after the association of many experts but especially in traffic and heating.

Federal Environment Minister Svenja Schulze (SPD) has already present three expert opinions and proposals. They suggests before, gasoline and diesel, farming and natural gas first over high energy taxes by 35 euros per ton of CO2, which arises when burning, to increase. This entry-level price has been meaning that diesel and heating soled about 11 cents per liter of more expensive, gasoline is not quite ten cents and natural gas around a cent per kilowatt hour. To compensate, every burger – independent age – a "climate program" will get from 75 to 100 euros a year, for companies Schulze suggests demands programs. It is clear that the state should bring the additional taxes to the burgers and the economy.

With the introduction of such a CO2 prize, Germany has not entered a new territory. "The worldwide total number of CO2 price instruments has increased significantly over the past few years," says Germanwatch in a new study of development organization. Worldwide, 57 regional, national or international CO2 price instruments are implemented or planned in 46 countries. Currently, around a Funftel of global greenhouse gas emissions under such systems.

"This development was also allowed to persuade the coming years," says it in the study, because as in Germany, it is also discussed in a number of other states to make the greenhouse gas outstall more expensive. Alone in the EU, therefore, have two-states national CO2 prices in addition to EU emission rights trade in which the energy industry and parts of the industry have to participate. 2020 come with the Netherlands another state.

A "rough majority" of the Lander with CO2 price set for the areas of heating and traffic to taxes or duties that varied in high. Should Germany also put emissions trading in these areas, such as FDP and Parts of the Union propose, the country becomes "Europe-wide special case", writing the authors. There are already a trade in emission certificates in which the energy industry and parts of the industry have to participate. There is already a CO2 price for you. The FDP was welcome to integrate the German traffic and hot sector into this trade. Parts of the Union also find emissions trading better than an additional tax or levy, others just want to put on incentives and requirement.

A dedicated concept has now submitted 16 members of the Union. In a position paper, the Rheinische Post (edition of 12. July 2019) and the German Press Agency is available for a CO2 price, which is to consist of a fixed base amount as a fixed price for the ton of carbon dioxide and a market price share, which is freely determined by emissions trading – depending on the approved CO2 Quantity, which defines the state.

The German Chamber of Commerce and Commerce (DIHK) warns of new rules before a major burden of German companies and pointed out that climate protection in global consensus is most effective. "Therefore, the ultimately chosen concept must be born at least European regulations to avoid competitive disadvantages for the German economy," said Dihk-Prasident Eric Schweitzer der Rheinische Post.

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