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News Wire / economy

EU to Announce Adjustments to CO2 Pricing

WDR 5 Brussels 15d Impact 5
The European Union plans to announce specific adjustments regarding CO2 pricing this summer. While a complete abolition of the CO2 price is considered unlikely, discussions involve long-term scenarios for the German market. In Germany, electric vehicle adoption is rising, with electric cars accounting for one-quarter of all new registrations in March. The shift toward electric vehicles may eventually reduce the impact of fuel and CO2 pricing.

Topics

carbon pricing electric vehicles EU policy

Developing

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Sources · 7 independent

WDR 5

“Wie genau diese Anpassungen aussehen werden, will die EU diesen Sommer bekannt geben. Dass am Ende aber eine Abschaffung des CO2-Preises steht, ist wohl ausgeschlossen.”

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