Germany’s coalition government will keep the CO₂ price in the national Emissions Trading System within a €55 to €65 range in 2027. This is expected to leave a multibillion-euro gap in the Climate and Transformation Fund’s (KTF) projected revenue. 14. May 2026 14. May 2026 The German coalition government’s decision on the national CO₂ price is expected to create a multibillion-euro hole in the Climate and Transformation Fund (KTF). Press conference archive photo from April 1, 2026.