The EU Taxonomy is the first standardised and comprehensive classification system for sustainable economic activities. It covers activities responsible for up to 80% of EU greenhouse gas emissions and may play an important role in channelling investments into low-carbon technologies by helping investors to make informed decisions. However, especially in transition sectors much depends on the stringency ...
Im Jahr 2021 vereinbarte die G7 mit Südafrika eine Partnerschaft für eine gerechte Energiewende (JETP). Dieses – neue – Instrument der internationalen Zusammenarbeit soll Schwellen- und Entwicklungsländer bei einer sozialgerechten Energiewende und beim Kohleausstieg unterstützen. Mit diesem Instrument sollen Partnerschaften auf Augenhöhe zwischen Gebern und Nehmern ermöglicht und so der Umbau des Energiesektors ...
To reach climate neutrality, carbon emissions from the production of basic materials need to be curtailed. When governments encourage this transition by adopting support measures, the measures must comply with the Agreement on Subsidies and Countervailing Measures. This article analyzes three selected support schemes under the Agreement on Subsidies and Countervailing Measures: (i) free allocation ...
In 2021, the G7 and South Africa agreed upon the Just Energy Transition Partnership (JETP). This new instrument in international cooperation should support emerging and developing economies in a just energy transition and in phasing out coal. It is intended to facilitate equal partnerships between donors and recipients, thereby also facilitating the energy transition. An evaluation of the South African ...
The 2022 natural gas price spikes across Europe raised concerns regarding their distributional consequences. This paper investigates the distributional effect of price increases between and, in particular, within different income groups in Germany, accounting for different determinants of gas expenditures. The study finds that low-income households are affected the most by the gas price increase. Low-income ...
Die Entscheidung der EU-Energieminister*innen, einen Gaspreisdeckel einzuführen, ist ein kleiner, aber wegweisender Schritt in die richtige Richtung, um die Kosten der Gaskrise für Europa in den Griff zu bekommen. Allerdings werden die angesetzte Höhe von 180 Euro pro Megawattstunde und die Beschränkung auf die Börsenhandelsplätze weder die Gas- und damit auch Stromkosten senken, noch die russischen ...