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Global Carbon Pricing System Would Be Desirable, Merkel Says

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Global Carbon Pricing System Would Be Desirable, Merkel Says


It would be very desirable to have a global carbon pricing system, German Chancellor Angela Merkel said on Thursday, adding that carbon pricing is a very effective instrument for steering emissions.


     It would be very desirable to have a global carbon pricing system, German Chancellor Angela Merkel said on Thursday, adding that carbon pricing is a very effective instrument for steering emissions.

     "From my point of view, it would be very desirable if we also had a CO2 price worldwide, which would have to be introduced step by step," Merkel told the Petersberg Climate Dialogue climate summit by videolink.

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