19.04.2021

# Media

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The Hill: Companies are promising to remove carbon — what about frontline communities?

"If corporations meet their climate pledges using carbon dioxide removal technologies, “nature-based solutions,” or other forms of carbon offsets, this may close the door on on-site emissions reductions and harm neighboring communities."

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19.04.2021

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Blog: Gernot Wagner: Why the Biden Administration Should Propose Carbon Tariffs

"Assessing tariffs based on the carbon content of goods is complicated, but will lead to stronger climate policy and better economic outcomes."

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19.04.2021

# New Publications

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Fajardy, Mathilde; et al. (2021): The economics of bioenergy with carbon capture and storage (BECCS) deployment in a 1.5 °C or 2 °C world

Fajardy, Mathilde; Morris, Jennifer; Gurgel, Angelo; Herzog, Howard; Mac Dowell, Niall; Paltsev, Sergey (2021): The economics of bioenergy with carbon capture and storage (BECCS) deployment in a 1.5 °C or 2 °C world. In Global Environmental Change 68, p. 102262. DOI: 10.1016/j.gloenvcha.2021.102262.

"Here we focus on quantifying the potential scale of BECCS and its impact on the economy, taking into account technology and economic considerations, but excluding sustainability and political aspects."

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19.04.2021

# Media

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Bloomberg Quint: Tech Companies Are Setting the Most Ambitious Net-Zero Goals

"Of the 10 largest U.S. companies by market value, only four have announced plans to reduce their emissions to net zero by 2050. As it turns out, they all happen to be technology companies: Apple Inc., Microsoft Corp., Amazon.com Inc. and Facebook Inc. Alphabet Inc.’s Google claims to have has already achieved the target, saying it’s been fully offsetting its emissions since 2007."

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05.04.2021

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Canadian Underwriter: The future of carbon removal insurance: As big as oil and gas?

"Carbon removal is poised to become a booming industry over the next 30 years, providing an opportunity for innovative P&C insurers to pioneer in carbon removal insurance products, Swiss Re’s chief risk officer predicts."

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05.04.2021

# Media

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Forbes: Carbon Capture Has To Get As Big As Oil Industry In Less Than 30 Years

"The nascent industry that captures and stores carbon dioxide has to scale to the size of the oil industry much faster than oil did, the head of a CCS think tank said last week."

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29.03.2021

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The Guardian: The latest must-have among US billionaires? A plan to end the climate crisis

"Elon Musk, Jeff Bezos and Bill Gates have an estimated wealth of $466bn – and are emblematic of a Davos-centric worldview that sees free markets and tech as the answer."

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08.03.2021

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Blog: Gernot Wagner: It’s Too Late for Big Oil’s Pivot to a Carbon Tax

"The American Petroleum Institute is considering endorsing a carbon price. That’s a big shift, but a carbon price alone is not good climate policy."

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22.02.2021

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Blog: Gernot Wagner: A tale of two carbon prices

"The Biden administration has opened up enormous opportunities to push forward an ambitious climate agenda by updating this one number: the social cost of carbon, or SCC."

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14.12.2020

# Media

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The Spectator: Putting the North at the heart of a green industrial revolution

"And now the North can again be at the forefront – this time of a green industrial revolution that will protect and create jobs, helping to restore communities and level-up the country, while advancing UK global leadership in vital new technologies that will be needed around the world to combat the climate crisis."

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