Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Germany's Merkel says to decide on CO2-cutting laggards by September

German Chancellor Angela Merkel addresses the German Industry Day conference, hosted by the BDI industry association in Berlin, Germany, June 4, 2019. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - Chancellor Angela Merkel said on Tuesday her cabinet would decide by September how to handle areas where carbon-cutting efforts are lagging and threatening compliance with Germany's climate targets for 2030.

She said the policy could entail bringing sectors like transport, buildings and agriculture into the fold of the European Union emissions trading system (ETS), where they would be subject to a commonly set price of emissions allowances that polluters must hold.

Alternatively, these sectors would be set emissions-cutting targets of their own. But this bore the risk of high costs.

"It will be a fundamental decision that will have to be arrived at very carefully and in a timely fashion," Merkel said.

(Reporting by Vera Eckert and Michelle Martin, editing by Paul Carrel)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.