The days of Germany’s lignite-mining industry are numbered, that much is clear. The Coal Commission appointed by the Federal Government now has the job of planning how exactly the phaseout will proceed. One issue that is often overlooked in this context is the question of how the rehabilitation of former coal-mining sites is to be financed. A new IASS Discussion Paper examines the risks inherent in the existing financing practice and makes concrete proposals for changes.
Ever since Mark Carney, the Governor of the Bank of England, spoke in 2015 before Lloyd’s of London about climate change, the future of the energy industries, and financial stability, finance ministers and central bank governors around the world have underscored climate protection’s systemic threat to the world’s financial system.
As a child, I lived near the forests and walked everywhere on foot because we did not have motorable roads, nor could my parents afford to buy a family car. If I were to narrate this story to sociologists or media reporters, then I would feel that I was exposing my limited wealth compared with people in developed countries. But when I shared my story with scientists at the IASS, I narrated it confidently, because they think that we are on the right path towards achieving the Sustainable Development Goals (SDGs).
To improve air quality in the long term diesel vehicles must be subject to the same emissions standards as other vehicles and the tax advantages that diesel enjoys must be abolished.
At the recent ‘Diesel Summit’ in Berlin, politicians, car manufacturers and others met to discuss possible ways out of the current diesel mess. The measures on the table include banning diesel vehicles from cities, introducing a ‘blaue Plakette’, and retrofitting older models. But none of these will suffice.
Without China, little can change in Africa. This is why Germany should work closely with Beijing on the issue of investments in climate-friendly infrastructure in Africa.
Following the USA’s announcement of its withdrawal from the Paris climate agreement, the international community is facing the first serious crisis of global climate policy since the breakthrough in 2015. Initially, this may not have much impact on reducing emissions in the USA itself.
Clean energy was a key climate policy instrument during the Obama presidency. Obama also understood the promotion of renewable energy, energy efficiency, and comparatively low-emission natural gas as a driver of economic growth (Obama, 2017). Donald Trump has set out his energy policy in the America First Energy Plan – a strategy paper that stretches to about half an A4 page. It focuses on the promotion of fossil fuels with the aim of promoting economic growth and making the country energy independent (The White House, 2017a) .
On 20 January 2017, Donald Trump will be inaugurated as the forty-fifth president of the United States. His previous announcements on energy policy mark a clear departure from the climate policy ambitions of his predecessor, Barack Obama. But what exactly should we expect from Trump’s climate and energy policies? Will he really be able to overturn the climate policies adopted by the US under the Obama Administration?
The IASS has produced what is probably the most comprehensive overview on the results of recent renewable energy auctions yet. The study, which is soon to be published in English (it’s available here in German), thus fills a crucial gap. Policymakers will want to know the findings so they can improve policy design – and the study sheds light on some surprising gaps.
Once again, the political discussion is focusing on a state fund to finance renewables in Germany instead of using a surcharge on power consumption. This time, Bavarian state premier Horst Seehofer is calling for it. At first glance, it seems to be a good idea." For a long time, Germany’s Renewable Energy Act (EEG) provided renewable technologies with support similar to that given to other technologies, such as nuclear power, by means of taxes.
A couple of weeks ago, I had the opportunity to attend the latest Arctic Summit Science Week in Fairbanks, Alaska. Building on the outcomes of last year’s summit in Toyama, Japan (see my previous post), the scientific community is increasingly seeking to unify synergies between the social and natural sciences to tackle problems related to Arctic change.
Over a leisurely Sunday family dinner, when the conversation turns to putting the world to rights, your niece or second cousin may have asked you the following question: Why not simply create money and give it to poor people in order to make a better world?
You may have smiled at the ingenuity of this question and told them that this is simply not possible. Otherwise, money would just lose its value and inflation would rise.
When I initially heard about the VW scandal, it was secondhand and I hadn’t read any of the news yet, I didn’t have any of the facts. But I remember thinking (and saying), I don’t know what the big deal is about, everyone knows those chassis dynamometer tests they use for estimating emissions don’t get anywhere close to the real-world emission values. Then I read about it and saw what all the fuss was about – 35 times higher than the US limit value?! And cheating software to pass the test?!