Climate Politics
Germany Not Doing Fair Share Endangers EU Climate Goal, T&E Says
- Nation is set to miss climate target in transport, buildings
- That could spark a race across EU for carbon credits, T&E says
Cooling towers at an lignite coal-fired power plant, in Peitz, Germany in Nov. 2023.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany is set to fall so far short of its climate obligations for sectors like transport and buildings that it risks triggering a damaging race for carbon credits across the European Union.
Twelve EU nations are set to miss their emissions-cutting targets under the bloc’s Effort Sharing Regulation, according to an analysis by T&E, a non-profit. Those legally binding rules aim to curb CO2 in sectors not covered by the EU’s carbon market.