Headline: IASS Blog July 2019

The blog of the Institute for Advanced Sustainability Studies (IASS) contains contributions from employees in all IASS areas and covers a huge range of themes. In addition to discussing the latest research findings and events, the blog authors comment on political developments. The authors express their personal views.

 

U.S. and German Energy Policy at a Crossroads? The Transatlantic Partners and the Future of Energy Cooperation

The U.S. and Germany are moving in fundamentally different directions with their energy policies. Germany has embarked on its “Energiewende,” an energy strategy based on renewable energy and energy efficiency as well as the phase-out of fossil fuels and nuclear energy. It is an important building block in the country’s climate protection endeavors. The U.S. under the Trump administration has abandoned its national and international climate commitments. It is pursuing an “Energy Dominance” strategy that seeks to expand the production of U.S. coal, natural gas, and oil. This strategy marks a significant departure from the Obama administration, which pursued a climate action plan focused on fostering clean energy in the U.S. and abroad.

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Tough trade-offs for new international carbon market mechanisms

Several countries’ national determined contributions (NDCs) highlight climate finance as a precondition for the ambitious action needed to achieve development paths compatible with limiting global warming to 1.5°C in 2100. Many hopes have been pinned on new market mechanisms in this context, but the trade-offs demanded by carbon trading schemes continued to be hotly debated at the UNFCCC last week, not least due to their political and economic implications.

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