Asia Pacific > Germany’s coal phaseout auction sets example for cost-effective early retirements, study finds

Germany’s coal phaseout auction sets example for cost-effective early retirements, study finds

Published 17:01 on July 2, 2024  /  Last updated at 17:01 on July 2, 2024  / Sara Stefanini /  Asia Pacific, Australia, Carbon Taxes, EMEA, EU ETS

The results of the world's first coal phaseout auction, carried out in Germany, suggest that it is a transparent and potentially cost-effective way to push fossil power plants into early retirement, according to research published on Tuesday.
The results of the world's first coal phaseout auction, carried out in Germany, suggest that it is a transparent and potentially cost-effective way to push fossil power plants into early retirement, according to research published on Tuesday.


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