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Graichen on Germany’s Way Out of the Energy Crisis

Switched On

CHAPTER

Climate Policy in Light of the Energy Crisis in Europe

I would expect the second half of this decade, 2025, 2026 onwards, that you'll see basically the whole coal phase out happening in Europe. The good news is we're not changing anything on the emissions trading system. We will see the co phase out just happening faster than you have ever thought. And therefore, the signal to the rest of the world is, in essence, we're continuing on the energy transition.

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