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Gunter Grittmann
Head of Information and Communication
E-mail: grittmann@zew.de
Phone: +49 (0)621-1235-132
Fax: +49 (0)621-1235-255
Kathrin Böhmer
Public Relations Officer
E-mail: boehmer@zew.de
Phone: +49 (0)621-1235-103
Fax: +49 (0)621-1235-255
The most recent KfW/ZEW CO2 Barometer shows that the costs resulting from the EU Emissions Trading System (EU ETS) play a lesser role for the surveyed companies’ location decision than widely assumed. German companies subjected to the emissions trading regime do increasingly invest outside of Europe, but their motivation is to establish businesses close to local markets. read more
German companies are inadequately prepared for the third trading period of the EU Emissions Trading System (EU ETS), which will start in 2013. This is the finding of the third KfW/ZEW CO2 Barometer. Up till now, too few companies in Germany have taken measures to reduce greenhouse gas emissions. Only 40 per cent of the companies surveyed have so far evaluated the expected costs. read more
The second KfW/ZEW CO2 Barometer indicates that German firms’ occupation with the opportunities and risks of the EU Emissions Trading System (EU ETS) is insufficient. Two thirds of them have not yet analysed the potential costs they will face as of 2013. Emission certificates will then not be distributed cost-free, but will be put up for auction. read more
The KfW/ZEW CO2-Barometer, which was released for the first time today, reflects a dynamically growing market for CO2 certificates in Europe. The survey is based on the EU emissions trading system (EU ETS), the first major transnational trading programme for greenhouse gases in the world. However, the database for the development of supply and demand as well as for the cost of emission certificates is rather incomplete at this point. This lack of information is reduced by a survey among German firms committed to emissions trading and international CO2 trading experts in the scope of the KfW/ZEW CO2-Barometer, which was jointly established by the KfW banking group and the Centre for European Economic Research. read more