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Thanks to the increasing proportion of renewable energy generation, according to the latest report released by the German "Agora Energy Transition" think tank, Germany's total carbon emissions in 2019 were reduced to 811 million tons, a year-on-year reduction of more than 50 million tons, and a reduction of about 35%
compared with the carbon emission level in 1990.
According to the 2019 annual data on German electricity production released by the German industry organization Fraunhofer Institute, renewable energy generation in Germany accounted for 46% of the total power generation in 2019, an increase of 5.
4 percentage points
over 2018.
This is the first time that Germany's share of renewable energy generation exceeds that of fossil fuels
.
The significant increase in electricity generation from renewable sources is the main reason for
the significant reduction in Germany's total carbon emissions in 2019.
Of course, the Agora Energy Transition think tank report also pointed out that the increase in the price of carbon emissions has also contributed to the decline
in carbon emissions.
Recently, the German federal government held a new round of negotiations with local governments on the pricing of carbon emission allowances, and finally reached an agreement
.
Part of the proceeds from the ETS will be used to subsidize the development of the renewable energy sector, thereby further reducing the price of
renewable energy.
Not only that, it is reported that Germany will launch a national emissions trading system from 2021 to sell emission credits
to companies selling gasoline, diesel, natural gas, coal and other products.
According to the CO2 pricing bill for fuel, heating oil and natural gas passed by the German Federal Government in October 2019, the price of CO2 emissions in Germany will gradually increase from 10 euros/ton to 35 euros/ton
in 2025 between 2021 and 2025.
After 2025, the price of carbon emissions will be determined by the market, capped at 60 euros/tonne
.
Thanks to the increasing proportion of renewable energy generation, according to the latest report released by the German "Agora Energy Transition" think tank, Germany's total carbon emissions in 2019 were reduced to 811 million tons, a year-on-year reduction of more than 50 million tons, and a reduction of about 35%
compared with the carbon emission level in 1990.
According to the 2019 annual data on German electricity production released by the German industry organization Fraunhofer Institute, renewable energy generation in Germany accounted for 46% of the total power generation in 2019, an increase of 5.
4 percentage points
over 2018.
This is the first time that Germany's share of renewable energy generation exceeds that of fossil fuels
.
The significant increase in electricity generation from renewable sources is the main reason for
the significant reduction in Germany's total carbon emissions in 2019.
Of course, the Agora Energy Transition think tank report also pointed out that the increase in the price of carbon emissions has also contributed to the decline
in carbon emissions.
Recently, the German federal government held a new round of negotiations with local governments on the pricing of carbon emission allowances, and finally reached an agreement
.
Part of the proceeds from the ETS will be used to subsidize the development of the renewable energy sector, thereby further reducing the price of
renewable energy.
Not only that, it is reported that Germany will launch a national emissions trading system from 2021 to sell emission credits
to companies selling gasoline, diesel, natural gas, coal and other products.
According to the CO2 pricing bill for fuel, heating oil and natural gas passed by the German Federal Government in October 2019, the price of CO2 emissions in Germany will gradually increase from 10 euros/ton to 35 euros/ton
in 2025 between 2021 and 2025.
After 2025, the price of carbon emissions will be determined by the market, capped at 60 euros/tonne
.
