As current policy frameworks are expiring soon, the EU is revisiting its energy technology policy for the post-2020 horizon. The main long-run objective for energy technology policy is to foster the achievement of ambitious EU goals for decarbonisation. We discuss how European energy technology policy towards 2050 can be effective despite: 1) uncertain carbon prices; 2) uncertain technological change; ...
The discussion of the support for renewable energy must consider the distributional impact of cost allocation. The public is sensitive to social imbalances caused by rising power prices that might jeopardize the acceptance of energy transformation. By the end of 2012 about 19 percent of German power is produced with renewables other than hydropower. As a result, German consumers will pay for global ...
Climate policy aims to reduce emissions by redirecting investment from emission-intensive toward carbon-neutral assets. One key instrument, carbon pricing, guides investors and asset managers by lowering the return of fossil fuel-related assets. This chapter reviews three key mechanisms on how sustainable finance can support climate policy: first, providing investors with the necessary information ...
Internationale Gutachten zum Klimawandel stimmen darin überein, dass zur Begrenzung der Globalen Erwärmung auf das 2°C-Ziel ein tiefgreifender gesellschaftlicher Wandel vonnöten ist. Veränderungen in der Nutzung und Erzeugung von Energie, Flächennutzung, Ernährungsweise und Lebensstil sind nicht nur notwendig, um die globale Erwärmung zu begrenzen, sondern auch, um sich an das veränderte Klima und ...