Climate change

Net Zero Industry Act

Testimony before the S&D ITRE Working Group at the European Parliament.

Europe’s critical struggle with its economic paradigm

As the European elections approach, the main policy choices are more existential than perhaps ever before.

Internationale Staatsverschuldung, Schuldenrestrukturierungen und mögliche Handlungsoptionen für das BMZ

Green transition: create a European energy agency

As energy and climate economists, we propose that a European energy agency be set up to guide the continent’s transition to net-zero carbon by 2050.

Mobilising transition finance will require credible corporate climate plans

Many jurisdictions now require companies to demonstrate ‘climate alignment’; investors need tools to evaluate whether transition plans are credible

The ‘Green Golden Rule’ for the Green Transition

Given the need to reduce large budget deficits, what are some strategies for increasing public climate spending?

EU electricity market design reform: too quick a fix for a complex problem?

EU proposals on stimulating energy investment signal a paradigm shift; much more clarity is needed before they can be agreed.

Europe is out of the immediate energy crisis

The challenge now for policymakers and industry alike is to smoothly facilitate a transition toward structurally lower gas consumption.

Europe needs new rules if Russia offers gas again

Russia could try to split the EU with a strategic gas offer. Brussels should therefore re-regulate Russian gas imports.

Europe’s half a million barrels per day diesel supply question

A new European Union embargo on Russian oil products should not affect EU diesel supplies and prices, but could encourage re-routing by Russia.

Climate versus trade? Reconciling international subsidy rules with industrial decarbonisation

Environmental subsidies could be justified when emissions taxation is not feasible or is insufficient due to political economy constraints.