WASHINGTON, DC—This week, Resources for the Future (RFF) released a new installment of Resources Radio: “Carbon Pricing in Germany, with Christian Flachsland of the Mercator Research Institute.”
In today’s episode, host Kristin Hayes talks with Christian Flachsland, the head of the Governance Working Group at Germany's Mercator Research Institute on Global Commons and Climate Change and an assistant professor for Climate and Energy Governance at the Hertie School of Governance. They discuss energy policies in Germany, the EU Emissions Trading System (EU ETS), and ways to make these policies more efficient while still achieving climate goals.
Notable quotes from the podcast:
- “For the EU ETS sectors, we suggest to introduce a price floor to insure against downward price risk of 20 euro in the year 2020, and then rising to 35 euro in the year 2030. That would be sufficient to achieve the emission targets in the German electricity sector that Germany has set for itself and that it also has in the EU climate legislation.”—Christian Flachsland (7:54)
- “It would be absolutely fantastic to get an EU-wide minimum price in the ETS, and coordinate carbon pricing in the other sectors across the European Union.”—Christian Flachsland (11:44)
- “The renewable constituency has begun endorsing a carbon price . . . it used to be a very divisive discussion between proponents of carbon pricing and of renewables. This is very new that we have a coalition emerging here, which is one of my favorite German policy developments.”—Christian Flachsland (16:19)
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