Failed Emissions Trading Reform 'The End of a European Climate Policy'

Europe's once celebrated cap-and-trade system to limit carbon emissions has languished. The economic crisis has caused the price of emissions licenses to plummet, and a recent remedy to the problem has been rejected by EU lawmakers. Climate policy expert Felix Matthes tells SPIEGEL ONLINE that an opportunity has been squandered.
Much of Germany's energy supply still comes from burning brown coal.

Much of Germany's energy supply still comes from burning brown coal.

Foto: Patrick Pleul/ picture alliance / dpa
Interview conducted by Christian Teevs