On Wednesday, the Cabinet approved a measure to delete CO2 certificates within the EU emissions trading system, aimed at preventing the reallocation of certificates from decommissioned coal power plants to other companies. This action is particularly focused on emissions reductions anticipated in 2024 from the early closure of the Neurath A and Frechen power blocks in North Rhine-Westphalia. The exact number of certificates to be deleted remains uncertain, with potential deletions of up to 687,000 certificates if not fully addressed by the EU’s market stability reserve.