Supporting investments in climate friendly production and recycling of materials as part of the European and national Covid-19 recovery packages can both achieve the short term objective of effective recovery spending for boosting the economy and creating jobs as well as deliver climate and long-term economic benefits. In order to realize the full economic and climate benefits of investment support, ...
The aim of this policy session is to discuss whether or not the EU ETS needs to be complemented by other sector specific policies for the decarbonization of the industrial sector that go beyond recent reforms. Together with our panelists we would also like to reflect the recent developments in the policy debate on the implications of the COVID-19 crisis and the recovery strategy for the topic. 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, significant levels and different types of climate-friendly components were integrated in the 2009 stimulus...
Co-organized by the Sustainable Finance Research Platform (SFRP) and Berlin Seminar on Energy and Climate Policy (BSEC) Sustainable Finance is not only a key element of the climate policy agenda. In times of crisis, like the one we are currently experiencing, sustainable finance can also make substantial contributions to making our financial system more resilient, more sustainable and more...
For current master students in Economics Become a part of our young and international team in the Climate Policy Department at the German Institute for Economic Research (DIW Berlin)! We are offering several exciting opportunities to write your master thesis with us. Each thesis will be supported by an experienced researcher from the team, who will provide you with the opportunity to conduct research ...
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...
We fit CES and VES production functions to data from a numerical bottom-up optimization model of electricity supply with clean and dirty inputs. This approach allows for studying high shares of clean energy not observable today and for isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results show that (i) dirty inputs are not essential for production. ...
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in substitutability between “clean” and “dirty” energy inputs. Instead, they rely on the assumption that efficiency with respect to fossil fuels can be increased perpetually. However, this is not in line with observed firm investment behavior and the limits to efficiency imposed by thermodynamic ...