published as DIW Berlin -Politikberatung Kompakt 93
A Macro-Analysis of Economic and Political Challenges of the ‘Energiewende’ (Energy Transition)
With the goal of limiting the rise in global temperature to two degrees relative to preindustrial levels, the global community agreed to try to halve GHG emissions (vis-à-vis the level in 1990) by 2050. In order to achieve this ambitious target, developed countries ought to contribute profoundly to the reduction of GHG emissions by 80% to 95% in 2050 compared to their 1990 level.