Germany Raises Cost of Driving to Tackle Pollution
- Heat and transport will be covered under carbon trading system
- Floor price may be set at 30 euros a ton, above current levels
Cyclists and traffic at an intersection in Berlin.
Photographer: Sean Gallup/Getty Images EuropeThis article is for subscribers only.
Germany is preparing to impose a cap-and-trade system on carbon emissions from the heating and transport sectors, raising the cost of driving.
The program that Chancellor Angela Merkel’s coalition is considering would require oil companies to buy allowances costing 30 euros to 50 euros ($33 to $55) for each ton of carbon dioxide their fuels emit, according to officials familiar with the discussions. They asked not to be named before the information is public.