ČT24 | Amendment to the law on emission allowances would bring changes in Czech climate policy

The Czech government is currently discussing an amendment to the law on emission allowances, according to which 100% of the proceeds from emissions trading would be dedicated to climate action. The negotiations include deciding which ministry will administer these amounts. Our senior researcher Kateřina Davidová weighed in on the issue.

"Up to now, the obligation to give only 50% of the proceeds from emissions trading to climate measures has been in place, and if this part is increased, the Czech Republic could receive a much higher amount of money for these measures. It is estimated that, depending on the price of the allowance, we could have up to CZK 300 billion available for decarbonisation investments by the end of 2030."

You can listen to the full interview here.

#Decarbonization #Climate

Kateřina Davidová
Senior Research Fellow

Expertise: EU climate and energy policy, environmental protection

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