Germany will miss its climate targets in 2020. Thus, the federal government is working intensely on a climate protection law to reach its climate goals in 2030.
In this context, the German Council of Economic Experts recently published the special report "Setting out for a new climate policy" presenting two different reform options: separate emissions trading for non-EU ETS sectors and a carbon tax.
Despite these economic recommendations, there are still many concerns about carbon pricing. How would a separate emission 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 6th Forum Climate Economics on November 18, 2019 in Berlin.