The sale of carbon permits through Germany’s national emissions system by the European Energy Exchange (EEX) will begin on 05 October 2021.
The revenue will be used to limit the taxes on the retail electricity sales price to support renewable energy and to compensate for the increased travel costs.
Germany’s emissions trading system; While the carbon dioxide (CO2) emission price is added to the price of gasoline, diesel, heating fuel, coal and gas, Germany, which expects to generate 7.4 billion euros this year, will be increased gradually until 2050.