The recent geopolitical developments have again shown how geographic concentration of fossil fuel production creates global dependencies and affects economies worldwide. Among the G7 countries, the European states are the most dependent on fossil gas supplies from Russia.
DIW Econ’s recent study “G7 Gas Reduction Plan”, commissioned by Greenpeace, on the occasion of the G7 Summit under the German Council Presidency, presents potential climate-neutral technology options implemented by coordinated multilateral action of the G7 states until 2025 to support a reduction of fossil gas demand in the G7 states. The analysis focuses on carbon-neutral options without substituting gas with other fossil fuels or biofuels or significantly reducing industrial production.
During the Winter 2021 semi-annual Energy Systems Analysis Program (ETSAP) Meeting on 29th – 30th November 2021, DIW Econ presented a novel approach to integrate three different models – energy system TIMES model, macroeconomic CGE model and sectoral system dynamics (SD) model –into a hybrid integrated assessment model to support the elaboration of a long-term low-emission development strategy (LEDS) for Kazakhstan.
The discourse on climate policy to achieve internationally agreed climate targets in Germany is often narrowed down to the instrument of CO2 pricing. A price for the emission of climate-damaging carbon dioxide is an essential building block for achieving the long-term decarbonisation of all sectors.
However, the current study by DIW Econ with Prof. Dr Claudia Kemfert, Head of the Department of Energy, Transport and Environment at DIW, commissioned by Greenpeace, shows that a price on CO2 by itself is by far not sufficient to achieve Germany’s agreed climate goals. This can only be achieved with the help of a policy mix of CO2 pricing and complementary regulatory instruments and measures.
DIW Econ GmbH was commissioned by the Federal Ministry of Justice and Consumer Protection (BMJV) to evaluate the “buyer principle” introduced in 2015 for the marketing of rental properties. Since then, this principle has obliged the initiator of a brokerage service to pay for it (“whoever orders, pays”). The evaluation examines whether the law’s objectives have been achieved and additionally identifies potential needs for an amendment to the law.
The current study by DIW Econ, in cooperation with Prof. Dr. Claudia Kemfert, DIW Berlin, commissioned by the Bavarian SPD state parliamentary group, examines how the Free State of Bavaria can achieve a just transition into a emission neutral future. For this purpose, the study discusses specific social-ecological measures for the upcoming political reorientation in the sectors of energy, transport, buildings and industry.