Investment Security for Ambitious EU Climate Targets: Repairing the Emissions Trading Scheme
Today, Germanwatch and six big German and European companies published a declaration in which they call on the German government to support the quick and long-term fix of the EU Emissions Trading System (ETS). The declaration, signed by Alstom, EnBW, E.ON, Otto, Puma, Shell, and Germanwatch, demands to enhance security for low-carbon investments done and planned. Low prices for CO2 are like posion for them. They therefore urge the German government to act.