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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
To achieve the turnaround towards carbon neutrality, countries need to take much more ambitious action in this decade. One of the key fields of action is the transition of the energy sector –from fossil to renewable fuels, while drastically reducing energy consumption. This paperdiscusses...
Persistent link: https://www.econbiz.de/10013170261
The Federal Environment Agency (UBA) has for several years been researching appropriate, effective ways of implementing the targets set by the international community on stemming climate change in a highly industrialised and developed nation like Germany. The findings of the Intergovernmental...
Persistent link: https://www.econbiz.de/10011594727
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
Persistent link: https://www.econbiz.de/10013347227
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
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
This report provides an overview of the main outputs of the research project Influence of market structures and market regulation on the carbon market (2018-2021). The aim of the project, commissioned by the German Environment Agency, was to gain a better understanding of the impact of market...
Persistent link: https://www.econbiz.de/10013171846
The adoption of the Paris Agreement with the long-term temperature limit has important repercussions for the distribution of effort between its signatories. The application of the equity and least-cost approaches to the distribution effort leadsto different outcomes. The disparity of the results...
Persistent link: https://www.econbiz.de/10013187586