German Chancellor Angela Merkel has said on December 18 that she was in favour of expanding the system of carbon trading at an EU level, Reuters reported.
“The (European Commission) president – and that is touched on in the Green Deal – says the Commission is thinking about expanding emissions trading and I have already told her that I would really support that because I think it would be better if we had an EU-wide trading system, including for transport and buildings,” she told the Bundestag lower house of parliament.
Her comments follow a mediation meeting between the upper and lower houses of the German parliament which ultimately agreed of on 25 euros per tonne from 2021 onwards for transport and heating.
