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Tuesday 20th March 2018

Germany to Raise Incentives for Buying Electric Cars: Climate Policy Document

Environment

7Dnews London

Fri, 20 Sep 2019 12:41 GMT

The German government will raise incentives for buying electric cars under its new climate plan, as well as raising road tolls for trucks from 2023 and pumping money into rail operator Deutsche Bahn, a climate policy document seen by Reuters on Friday September 20th showed.

The package sets out plans to raise the price for auctioning CO2 certificates to a range of 35-60 to euros per tonne in 2026, the document showed. The federal government will issue "green/sustainability bonds" under the plan, according to the document.

Europe