Germany will miss its climate targets in 2020. Thus, the federal government is working on a climate protection law to reach its climate goals in 2030.
In this context, the German Council of Economic Experts recently published a special report presenting two different reform options: separate emissions trading for non-EU ETS sectors and a carbon tax.
However, despite these economic recommendations, there are still many concerns about carbon pricing. How would a separate emissions trading system or a carbon tax affect competitiveness? How should a socially fair redistribution of revenues from a CO2 tax look like? Which other supporting measures for climate protection are necessary besides CO2 pricing?
These and other questions will be addressed at the 6. Forum Climate Economics on 18 November 2019 in Berlin.
More information can be found on the webpage of the project Dialogue on the Economics of Climate Change: www.klimadialog.de