German ETS tweaks could push national CO2 price above €65, utilities warn

Published 16:56 on July 20, 2026 / Last updated at 16:56 on July 20, 2026 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Transport & Heating Fuels)

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Germany's planned reform of its national emissions trading system (nEHS) risks pushing carbon prices above the government's intended €65 per tonne, with utilities and energy industry groups warning that higher-priced supplementary allowances will encourage speculative bidding and raise compliance costs.
Germany's planned reform of its national emissions trading system (nEHS) risks pushing carbon prices above the government's intended €65 per tonne, with utilities and energy industry groups warning that higher-priced supplementary allowances will encourage speculative bidding and raise compliance costs.


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