Climate protection: France's finance minister proposes global price for greenhouse gases

France's Finance Minister Bruno Le Maire has proposed a global minimum price for the emission of greenhouse gases that are harmful to the climate. There is no point in the European Union (EU) CO2- Introduce prices when there are none elsewhere, he said on Friday at a meeting of finance ministers of the major industrial and commercial countries (G20) in Venice. Without a minimum price, which applies worldwide, there is a risk that emissions and thus industrial production will be relocated to cheaper foreign countries.

»A fair and efficient CO2Price should be a global CO2-Be the price, "said Le Maire. All G20 countries have planned to be climate neutral by 2050. Now it is a matter of finding the way and the means to achieve this goal. A commitment by all G20 countries for a CO2-Price could be a first step. "We need coordinated and drastic measures for the climate," said Le Maire.

So far, only 21,5 percent of CO is global2-Emissions are given prices, outside the EU it is usually a symbolic price. In Germany, a CO has been applied to the fossil fuels coal, heating oil, gas, petrol and diesel since the beginning of the year2-Price of 25 euros, which is to increase gradually to 2025 euros by 55.

Concern about competition of nations

Also vice chancellor Olaf Scholz has campaigned among the large industrial and trading countries for stronger global cooperation in climate policy. In many countries there is currently the debate about making the emission of climate-damaging greenhouse gases more expensive, said the SPD politician. "We are all pursuing the same goal." But that needs to be better coordinated internationally.

By making diesel, petrol, heating oil and gas more expensive, citizens and industry should be encouraged to switch to more environmentally friendly alternatives. Scholz emphasized that the countries would have to pull together globally. There should not be competition between different nations, which are actually all facing the same problems. High CO2-Prices in a few countries contain the Risk of international environmental dumping, comparable to global tax competition, in which some countries advertise themselves with lower requirements.