CDU does not want German carbon price floor

Angela Merkel and her CDU party is not going to work for a German carbon price floor, a leading parliamentarian in the Party has announced.

The idea of a carbon price floor has been a big debate topic within the EU during the most recent years. The British were the pioneers, and the UK has now for years had a carbon price floor, that taxed carbon emissions. Following the presidential election during the spring, it also seems likely that France will start working on a similar system. In Germany however, the attitude towards a carbon price floor is more reluctant ahead of the country’s parliamentary election in September. This despite the fact that Germany is by far the biggest emitter of carbon in the EU.

Energy news site Montel has spoken to Joachim Pfeiffer, a leading parliamentarian within Chancellor Angela Merkels CDU party. He says, that it is not the policy of neither the Chancellor nor the party, that there should be a carbon price floor in Germany.

“Carbon trading is an instrument to control emissions, not to control prices” said Pfeiffer - who is both a member of the German Parliament for CDU and the party’s spokesman on energy politics – to Montel.

The announcement comes even though France has reached out to Germany to try to coordinate the countries’ policy and agree on a common carbon price floor. CDU – who according to all polls also look like a governing party following September’s election – do not want this. The party does however have ambitions to lower the German carbon emission level. The goal is, that the emission in 2020 should be 40 % lower than it was in 1990. Since the current level is only 28 % below 1990, it does seem somewhat unlikely, that this ambition will end up realized. Furthermore, there is a plan with broad support across the German political specter, that the German coal sector should be gradually phased out towards the year 2050.