The European Green Deal includes the goal of enshrining the long-term objective of climate neutrality by 2050 in legislation and increasing the EU’s climate by 2030. In this context, the Green Deal emphasized that “should differences in levels of ambition worldwide persist, as the EU increases its climate ambition, the Commission will propose a carbon border adjustment mechanism, for...
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...
The EU Taxonomy is the first standardised and comprehensive classification system for sustainable economic activities. It covers activities responsible for up to 80 percent 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 ...
This paper explores which climate-friendly projects could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production and enhanced sorting and recycling of steel, cement, aluminium and plastics are combined with insights from interviews ...