UPDATE – Germany freezes domestic carbon price in bid to ease energy crisis burden

Published 12:33 on September 5, 2022  /  Last updated at 17:54 on September 5, 2022  /  EMEA, EU ETS  /  No Comments

Germany will freeze the price increases of its domestic carbon pricing mechanism for one year as part of a monster €65 billion relief package it hopes will ease the strain of sky-high energy prices on its industry.

(Updates to include Uniper CEO comments, German steelworks closure, and nuclear reserve capacity announcement)

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