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)
