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The success of climate and natural resource protection depends amongst others on the expansion of renewable energies. The policy paper describes the central results of the RESCUE study as well as the challenges and steps required to expand renewable energies in order to achieve greenhouse gas...
Persistent link: https://www.econbiz.de/10012161034
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The effectiveness of carbon pricing as a market-based policy tool with economy-wide transformation potential has increasingly rendered it the instrument of choice among policy makers responding to challenges posed by climate change. However, the potential for jurisdictions to introduce carbon...
Persistent link: https://www.econbiz.de/10013162529
The European Commission’s (EC) proposed Carbon Border Adjustment Mechanism (CBAM) is meant to mirror the carbon price of the EU Emissions Trading System (EU ETS) for several imported goods. While the CBAM can rely on certain aspects of the EU ETS regarding its costs and compliance obligations,...
Persistent link: https://www.econbiz.de/10013258123
A broad consensus exists that carbon pricing is key for cost-effective emission reductions and that it must play a major role in driving the transition to a climate-neutral economy. However, despite significant progress in wider climate policy uptake in recent years, the vast majority of...
Persistent link: https://www.econbiz.de/10013187424
The report provides an overview of environmentally harmful subsidies in Germany and makes proposals for their reform or reduction. It focuses on subsidies that have a negative impact on the environmental goods climate, air, soil, water, biodiversity and landscape, as well as on health and the...
Persistent link: https://www.econbiz.de/10014022720
Carbon pricing at appropriate levels is critical in the response to climate change, but currently only a fifth of global emissions are priced. Successful carbon pricing in Asia can help jurisdictions in the region achieve their climate targets cost-effectively, spur investments into low-carbon...
Persistent link: https://www.econbiz.de/10014317551
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