7/07/2006 | Bron: Euractiv.com
Plans to exempt new power stations from the next phase of the EU’s CO2 trading scheme could lock Germany into highly polluting coal-fired power plants for many years, warn researchers and NGOs.
The German government on 28 June 2006 submitted its national allocation plan to the European Commission for the second phase of the EU's CO2 emissions trading scheme (EU-ETS) covering the period 2008-2012 (see EurActiv 30 June 2006).
The ETS is the EU's flagship instrument to fight climate change and meet Europe's Kyoto pledge to reduce its emissions of global warming gases by 8% by year 2012. Germany's national CO2 reduction pledge amounts to a 21% cut because of the sheer size of its economy. Its emissions are currently about 17% lower than in 1990, the reference year of the Kyoto Protocol.
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