Ein Preis auf CO2 – essenziell, aber allein nicht ausreichend

Klimawandel ist eines der größten Probleme unserer Zeit. Ein Preis auf CO2-Emissionen ist aus ökonomischer Sicht ein adäquates Mittel, die Verursacher zur Verantwortung zu ziehen und effizient den Ausstoß von Treibhausgasen dort zu reduzieren, wo es am günstigsten ist. Aber um die Wende in eine treibhausgasfreie Zukunft zu bewältigen, sind zusätzliche politische Maßnahmen nötig. Read More

Setting a course for decarbonised shipping: An Eight Point Carbon Pricing Plan

To achieve the temperature goals of the Paris Agreement, global emissions – including shipping – must peak as soon as possible and decline rapidly, reaching net-zero by around 2050. To help bring this about, this blog presents eight steps to guide the implementation of a levy for international shipping. Read More

Carbon pricing options for international maritime emissions

In this paper we explore three different options for a market-based measure to address the climate impact of shipping: an offsetting scheme, a maritime emissions trading scheme, and a climate levy. We conclude that a climate levy would be the most appropriate measure to reduce emissions in the maritime sector. Read More

Robust eligibility restrictions for offset credits are needed for CORSIA to truly compensate for the growth in aviations carbon emissions

If airlines are allowed to use all available offset credits certified by programmes such as the UN’s Clean Development Mechanism and other voluntary standard bodies under a new global scheme to address international aviation emissions, the scheme will not truly compensate the sector’s growing CO2 emissions. To achieve the aviation scheme’s objective of carbon neutral growth, policy-makers must adopt robust criteria on the types of offset credits that are accepted. The rules should be designed to ensure that the scheme supports the development of new emission reduction projects or targets existing projects that would stop reducing emissions without further financial support. New research outlines the climate implications of various eligibility scenarios for offset credits. Read More

Comment on Paris compatibility of “Plataforma” scenarios

NewClimate Institute was asked to write a comment on the Paris compatibility of the energy sector scenarios developed under the Plataforma Escenarios Energéticos Argentina 2040 initiative. The comment discusses how global pathways towards Paris compatibility can be broken down to countries and sectors, highlighting the relevance of the energy sector. Read More

Paris Agreement Rulebook: Huge achievement but alone grossly insufficient

The adoption of the Paris rule book at COP24 in December 2018 was a historic moment for climate diplomacy, but it alone will not save the climate. The adoption shows that multilateralism can work – that countries can make joint decisions even in an era of rising populism. But the pace of decisions is by far too slow to effectively meet the objectives of the Agreement. The world needs ambitious climate action to have chance to stay within the 1.5°C limit. Read More