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Germany considers carbon tax to reduce greenhouse gas emissions

Germany is considering introducing a new carbon emissions tax to help reduce production of greenhouse gases that contribute to climate change, Der Spiegel magazine reported on Friday, 5 April.
The economy ministry confirmed the report to Reuters, saying a council of economic advisers had been asked to investigate a possible system for pricing carbon dioxide emissions.

The advisers have long called for some form of carbon emissions pricing and had in the past advocated introducing a form of harmonised pricing for carbon used in electricity generation, transport and heating, Der Spiegel said.

"Work is currently underway to commission the expert council to carry out an assessment," a ministry spokesman said. "The assessment will explore a possible system of carbon dioxide pricing. The further details are still being discussed."

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