Germany agrees plan to phase out lignite, cancel EU carbon permits

Published 13:11 on January 16, 2020  /  Last updated at 13:28 on January 29, 2020  /  EMEA, EU ETS  /  No Comments

The German government has mapped out a tentative plan to phase out the country’s lignite plants, also agreeing a strategy to cancel freed up EU carbon allowances and compensate affected companies, regions, and workers.

The German government has mapped out a tentative plan to phase out the country’s lignite plants, also agreeing a strategy to cancel freed up EU carbon allowances and compensate affected companies, regions, and workers.

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