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German state secretary Flasbarth (l) and his French counterpart Poirson defended the deal on a reformed emissions trading system (Photo: © BMUB/Sascha Hilgers)

Germany and France defend emissions trading deal

Germany and France voiced their satisfaction over the reform of the EU's emissions trading system on Monday (13 November), although Germany's outgoing state secretary for environment Jochen Flasbarth said he did not expect the system to incentivise heavy emitters to move to cleaner forms of energy.

"We will see [an] increase in prices, it will be more robust," said Flasbarth at a panel discussion at the Bonn climate conference.

"On one thing I'm quite sure. We will not see prices ...

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German state secretary Flasbarth (l) and his French counterpart Poirson defended the deal on a reformed emissions trading system (Photo: © BMUB/Sascha Hilgers)

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