Climate change mitigation in developing and emerging economies @MCC_Berlin. #carbonpricing #inequality #coal #JustTransition ... and more.
Nov 13, 2021 • 7 tweets • 3 min read
Many (including me) are disappointed that #COP26 ends with last minute changes on the text to phase "down" (not: "out") #coal. But, before pointing to #India, it's important to understand the huge political, financial and technological challenges related to (phasing out) coal
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Indeed, 1.5°C scenarios see limited scope for any additional coal development, but would rather require to reduce the lifespan of operating plants and decrease coal-based electricity generation by 45% until 2030.
But: That's a huge (!!) challenge ...
Jan 21, 2021 • 14 tweets • 8 min read
Two recent meta-analysis of the ex-post literature on #CarbonPricing (by @greenprofgreen & @JLilliestam etal) suggest carbon pricing is not effectively reducing emissions. This might be both a premature and misleading conclusion.
A thread.
When interpreting ex-post evaluations, we need to acknowledge that less than 10% of G20 emissions are priced at sufficient levels, more than 50% < USD 10/t
