The government led by Angela Merkel and the German Lands have reached an agreement on increasing the price of carbon dioxide emissions, one of the main measures of Berlin’s environmental strategy, the German Ministry of Environment announced, AFP reports. This system, intended to complement the European market for trading in polluting emissions, would lead to an increase of 7-8 eurocents per liter of fuel prices.

Initially set at 10 euros per tonne, the price set on carbon dioxide emissions will be set at 25 euro per tonne, starting with January 1, 2021, according to the agreement negotiated on Sunday night by the German Federal Government, according to Agerpres.

Subsequently, the price of CO2 emissions will be gradually increased to 30 euro per tonne in 2022, to 55 euros per tonne by 2025, when these national CO2 emissions permits would be integrated into an extended European system, at a price between 55 and 65 euro.

The Berlin authorities’ measure is intended to cover the current limits of the European carbon market, which covers only half of CO2 emissions, given that the only sectors that are taken into account are heavy industry or energy, leaving aside construction or transport.