20.05.2020

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Stripe: Stripe’s first negative emissions purchases

"Last year, Stripe announced our Negative Emissions Commitment, pledging at least $1M per year to pay, at any price, for the direct removal of carbon dioxide from the atmosphere and its sequestration in secure long-term storage. [...] Today, after a rigorous search and review by a panel of independent scientific experts[1], we’re excited to announce our first purchases."

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16.04.2020

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Phys.org: Paris climate goals failure 'could cost world $600 tn'

"Nations' failure to fulfil the promises they made in the Paris climate agreement to make drastic emissions cuts could cost the global economy as much as $600 trillion this century, new analysis showed Tuesday."

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15.04.2020

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Foreign Affairs: How Technology Can Save the Planet

" In the decades to come, innovation could make severe cuts in emissions, also known as “deep decarbonization,” achievable at reasonable costs. That will mean reshaping about ten sectors in the global economy—including electric power, transportation, and parts of agriculture—by reinforcing positive change where it is already happening and investing heavily wherever it isn’t."

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19.03.2020

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Project Syndicate: Compound Growth Could Kill Us – or Make Us Stronger

"The power of compound growth has long been recognized as essential to economic development. But in both the COVID-19 pandemic and the slower-moving climate crisis, this same mathematical force is cutting the other way, revealing dangerous shortcomings in how we manage externalities."

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02.03.2020

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Project Syndicate: The True Price of Carbon

"For decades, economists have been wrestling with how best to weigh the current cost of emissions reductions against costs that will come years or even centuries from now. But a consensus has proved to be elusive, because traditional economic models don't treat atmospheric carbon like an asset."

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28.02.2020

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Nature: Economists and scientists: solve big societal problems by working together

"Economics and natural-science disciplines are reuniting. It’s about time."

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20.02.2020

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Bloomberg: A Guide to Spending Bezos’s New Climate War Chest

"Jeff Bezos just announced he will commit $10 billion to fight climate change. That’s both a lot, and not much at all."

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27.01.2020

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The Washington Post: Davos elite want to plant 1 trillion trees to help the planet, but many still fight a carbon tax

"Leaders of the world’s most powerful companies sent one clear message this week as they gathered in this ski chalet town for the World Economic Forum: They care about the environment — to a point."

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13.12.2019

# New Publications

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Fabre, Adrien; Wagner, Gernot (2019): Risky Geoengineering Option Can Make An Ambitious Climate Mitigation Agreement More Likely

Fabre, Adrien; Wagner, Gernot (2019): Risky Geoengineering Option Can Make An Ambitious Climate Mitigation Agreement More Likely, NYU Wagner Research Paper Forthcoming, 12/9/2019.

"Some countries prefer high to low mitigation (H > L). Some prefer low to high (L > H). That fundamental disagreement is at the heart of the seeming intractability of negotiating a climate mitigation agreement. Enter geoengineering (G). Its risky and imperfect nature makes it arguably inferior to any country’s preferred mitigation outcome. However, absent a global high-mitigation agreement, countries facing disastrous climate damages might indeed wish to undertake it, effectively ranking H > G > L."

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30.11.2019

# Media

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Carbon Brief: In-depth Q&A: How ‘Article 6’ carbon markets could ‘make or break’ the Paris Agreement

"A little-known and highly technical section of the Paris Agreement could “make or break” the regime – and its aim of avoiding dangerous climate change."

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