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Since net zero targets have become a keystone of climate policy, more thought is being given to actively removing carbon dioxide from the atmosphere while continuing to drastically reduce emissions. The ocean plays a major role in regulating the global climate by absorbing a large proportion of...
Persistent link: https://www.econbiz.de/10014225666
The upcoming United Nations Climate Change Conference in Dubai (COP28) will see a new round of battle regarding the call to phase out fossil fuels. Intense debates have taken place in Germany and the European Union (EU) to determine positions in the run-up to the conference. The main point of...
Persistent link: https://www.econbiz.de/10014434653
The role of permanent carbon dioxide removal (CDR) from the atmosphere is currently the subject of intensive discussion within the context of developing a new EU emis­sions reduction target for 2040 and a German long-term strategy on negative emissions. At the same time, a short-term strategy...
Persistent link: https://www.econbiz.de/10015372779
Climate policy in the European Union (EU) and Germany changed significantly with the adoption of net-zero emissions targets. A key new development is the growing importance of carbon management. The umbrella term includes not only the capture and storage of CO2 (carbon capture and storage, CCS),...
Persistent link: https://www.econbiz.de/10014283768
Following the conclusion of the 'Fit for 55' package, European Union (EU) climate policy will enter its next phase. One of the most important decisions will be how to set the economy-wide emissions reduction target for 2040, which will form the starting point for the next round of revisions of...
Persistent link: https://www.econbiz.de/10014304123
Im Rahmen des Green Deal erwägt die EU die Einführung eines CO2-Grenzausgleichsmechanismus (CBAM) für Importe, damit sie ihre ehrgeizigen klimapolitischen Ziele erreichen kann, ohne dass energieintensive Sektoren ihre Emissionen ins Ausland verlagern (Carbon Leakage). Der CBAM sieht die...
Persistent link: https://www.econbiz.de/10012625121
If the EU wants to achieve net zero emissions by 2050, enacting conventional climate change mitigation measures to avoid emissions of greenhouse gases will not be enough. To compensate for unavoidable residual emissions, unconventional measures to remove CO2 from the atmosphere will also be...
Persistent link: https://www.econbiz.de/10012671784
The new EU Commission is promising to improve the bloc’s geoeconomic resilience, make progress on decarbonisation and increase competitiveness. Achieving these aims will mean working with emerging economies like Brazil - where the EU’s influence is waning as China’s expands. The EU lacks a...
Persistent link: https://www.econbiz.de/10015330849
The 29th Climate Change Conference (COP29) in Baku revealed a shift in the balance of power in international climate politics following the US elections. While China played a constructive role in the negotiations on international climate finance, vulnerable countries were forced to make painful...
Persistent link: https://www.econbiz.de/10015330850
With the Green Deal, the European Union (EU) has not only significantly increased the ambition of its climate policy in recent years, but it has also added an international dimension to European domestic climate policy. In fact, numerous recently adopted legal acts directly or indirectly affect...
Persistent link: https://www.econbiz.de/10015330857