Context
While the UNFCCC Lima outcome and the UNSG’s Climate Summit, among other developments, reconfirmed that pricing carbon remains a key emissions reduction tool, the focus of international negotiations has shifted from global carbon pricing mechanisms towards support for countries in their implementation of national transformation strategies, often including forms of pricing. But if...
The project looks at different options of a per-capita rebate of revenues from CO2 pricing in Germany. The German government has decided to introduce a national emissions trading system for the heat and transport sectors in its Climate Action Programme 2030. Such a CO2 pricing implies distributional challenges, since lower-income and middle-income households are more exposed to CO2 prices relative...
Realising Value from Electricity Markets with Local Smart Electric Thermal Storage Technology (Real Value)
The Project Realizing Value from Electricity Markets with Local Smart Electric Thermal Storage Technology (RealValue) is a European Union funded project that analyzes the impact of the implementation of local small-scale power-to-heat storages predominantly in domestic buildings across...