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Emissions

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Feature

China's emissions trading: no impact on the climate

China's emissions trading still has numerous flaws and is no effective climate action instrument. Now the government aims to improve the data collection of corporate emissions. A hard emissions cap and an expansion of emissions trading are not expected before the end of the 2020s.

By Nico Beckert

Trilogue agreement on phase-out of free carbon allowances
Feature

Emissions trading for buildings and transport is coming

At just before 2 a.m. on Sunday, the deal in the jumbo trilogue on the reform of emissions trading was reached: The ambition level will rise, the carbon price for buildings and road transport will be introduced, and the free emissions allowances for the industry will end in 2034. This means that the essential part of the Fit for 55 package is ready.

By Lukas Knigge