26/06/2025 (Agence Europe) – From September onwards, Germany will cancel 514,000 CO2 emission allowances from the Emissions Trading System (ETS) “in order to ensure the positive impact on the climate of the regulated phase-out of coal”, announced the German Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN) on Wednesday 25 June. This decision follows the closure of the Neurath A and Frechen power plants in 2022, in the context of the law on the gradual phase-out of coal, which enabled around 890,000 tonnes of CO2 to be avoided in 2023, according to the press release. While a large proportion of the allowances made available have been cancelled automatically via the EU’s market stability reserve, Germany is supplementing this mechanism with a national cancellation of the remainder. Germany’s provisional auction volume for 2025 is 96,764,500 allowances. (PLD)