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Unsuitable for the energy transition: Voluntary emission credits for the early decommissioning of coal-fired power plants

This Extractivism Policy Brief 01/2026 shows: 

  •  Voluntary carbon credits do not provide a robust instrument for systematically financing the early retirement of coal power plants.  
  • Uncertainty over prices, volumes, and emissions accounting severely limits their scalability and climate effectiveness.  
  • The pilot case demonstrates that transition schemes tend to reallocate risk rather than ensure reliable decarbonization.  

The Author:

Christoph Scherrer, Prof. em. Dr., head of the Department of Globalization and Politics at the University of Kassel until his retirement. 

Link to PDF: Download Extractivism Policy Brief 01/2026 (DEUTSCH) 

DOI: https://doi.org/10.17170/kobra-2026021711919