The notion of degrowth to reduce greenhouse gas emissions appears unrealistic; decoupling of emissions from growth is in principle possible but requires unprecedented efforts.
Surging natural gas prices in Europe, driven by rising demand and tight supply, are pushing up electricity prices; to prevent volatility, governments need to commit more clearly to a low-carbon future.
The technical and political conditions are ideal for the creation of a climate club to catalyse tougher climate action worldwide.
Climate change and taxes may be some of the only true certainties in life. To protect ourselves better, we should make careful choices on how they interact.
Bruegel Annual Meetings, Day 3 - In this session on the final day of the Meetings, our panelists will discuss the future of finance and its sustainability.
Bruegel Annual Meetings, Day 2 - Who should be responsible for providing crucial infrastructure for decarbonisation and how should it be managed?
Despite different strategies, the European Union, the United Kingdom, the United States, China and Japan all expect hydrogen to play a significant role in the decarbonisation of their economies by expanding its use in energy and transport systems.
Is sustainable investing contributing to society’s climate and social goals, or preventing systemic change?
The size and scope of investments needed to reach net zero will have significant macroeconomic implications.
Climate action should be designed in a way that improves social equality.
Without immediate, rapid and large-scale reductions in greenhouse gas emissions, the world will not be able to meet the goals of the Paris Agreement - and, therefore, will not be able to limit the devastating impacts of climate change.
Expect Beijing to soon start lobbying against the proposal.