Im Grundstoffsektor, ein gewichtiger Emittent von Treibhausgasen weltweit, werden Emissionsminderungspotentiale noch unzureichend ausgeschöpft. Vor allem von Möglichkeiten der Substitution von Materialien, des verbesserten Produktdesigns oder des Recyclings und der Wiederverwendung von...

Bereits während der Finanzkrise in den Jahren 2008/2009 wurde diskutiert, ob klimapolitische Maßnahmen kurzfristig die Produktion und Nachfrage stimulieren und so auch Teil von Konjunkturpaketen sein können. Obwohl politische Entscheidungsträger in einer Krise dazu tendieren, auf bewährte...

Carbon pricing decisions by governments are prone to time-inconsistency, which causes the private sector to underinvest in emission-reducing technologies. We show that incentives for decarbonization can be improved if complementing carbon pricing with carbon contracts for differences, where the...

Already after the financial crisis in 2008/2009 there was a debate on whether elements aiming at sustainable development can be part of the stimulus packages and support the recovery of the economy. Despite the instinct of policy makers to prioritise battle-tested policies during a crisis,...

This paper explores which climate-friendly projects could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production and...

This paper explores climate-friendly projects that could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production, enhanced...

Adjusting green public support programmes to green premiums can reduce public spending, yet this is challenged by uncertainty. Underfunding green technologies can delay the green transition, and overfunding them can increase transition costs. Both risks of under- and overfunding can be reduced...

In this paper we show that carbon pricing is subject to time-inconsistency and we investigate solutions to improve on the problem and restore the incentive for the private sector to invest in low-carbon innovation. We show that a superior price-investment equilibrium can be sustained in the...

Die Europäische Kommission steht vor der Herausforderung und Chance, den Green Deal umzusetzen und dabei gleichzeitig die Erholung der Wirtschaft infolge der Corona-Krise einzuleiten. Investitionen in die Transformation zur Klimaneutralität der Grundstoffindustrie spielen dabei eine zentrale...

The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry's transition to climate neutrality play a central role in this,...