German lawmakers raise planned lead-off CO2 levy to $28/tonne

Receipts from the levy are slated to be used to subsidise a surcharge on renewable energy (EEG surcharge)

A car emits exhaust fumes on Germany's A52 Autobahn (highway) — A car emits exhaust fumes on Germany's A52 Autobahn (highway)Foto: Lukas Schulze/Getty Images

Bernd Radowitz in Berlin

Published 16 December 2019, 15:12Updated 17 December 2019, 13:29