German Parliament adopts coal phaseout act, setting shutdown for 2038

Published 12:15 on July 3, 2020  /  Last updated at 17:31 on July 3, 2020  /  EMEA, EU ETS  /  No Comments

The German Parliament voted on Friday to pass a sweeping act signalling the end of coal power in the country by 2038 and teeing up the cancellation of EUAs to offset the impact.

The German Parliament voted on Friday to pass a sweeping act signalling the end of coal power in the country by 2038 and teeing up the cancellation of EUAs to offset the impact.

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