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Germany calls for a 60-euro minimum carbon price in Europe

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As Brussels continues talks on an amendment to the EU’s Emission Trading Scheme (ETS) directive, Germany is pushing for a minimum price of 60 euros per tonne of carbon dioxide, claiming that if the EU does not act, it will do so through national measures, reported Euractiv.

The price of EU allowances skyrocketed in 2021, prompting outrage in countries such as Poland, Hungary, and Spain, which blamed the price increase for raising electricity prices. Among these countries, Poland is calling for “a profound reform of the ETS system, which will take into account the current situation in the energy market."

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