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Potsdam experts in the German Coal Commission
07/13/2018 - The coal commission established by Germany’s Federal Government is seeking input from, amongst others, the Potsdam Institute for Climate Impact Research. This Friday, the chief economist and director designate of the Potsdam Institute for Climate Impact Research (PIK), Ottmar Edenhofer, gave a presentation in the panel. The focus was on the possibilities of a rapid reduction of greenhouse gases in the German energy system, to stabilize our climate. The acting Director and founder of PIK, Hans Joachim Schellnhuber, is a full member of the 'Commission for Growth, Structural Change and Employment' – the official name of the committee –, and will be one of those to decide on its outcome at the end of the year.
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Clean power is not enough: More climate action in industry, transport and building sectors needed to meet Paris climate targets
06/25/2018 - Coal power versus wind and solar energy – debates about the Paris climate targets often centre around electricity supply. Yet, even in a world of stringent climate policies and a clean power generation, the remaining use of fossil fuels in industry, transport and heating in buildings could still cause enough CO2 emissions to endanger the climate targets agreed on by the international community, an international team of researchers finds. Published in Nature Climate Change, their elaborate study is the first to focus specifically on the residual fossil fuel emissions from sectors that are not as easily decarbonized as power generation.
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German Federal Government appoints Schellnhuber to coal commission
06/06/2018 - The German Federal Government appointed Hans Joachim Schellnhuber, Director of the Potsdam Institute for Climate Impact Research to their coal commission. The high-ranking "commission for growth, structural change and employment" - so the official name - is supposed to present a strategy for coal until the end of this year. Fossil fuels are the cause for a significant part of greenhouse gas emissions in Germany and the world, and hence for climate risks. The composition of the expert panel had been in discussion for some time, it will be steered by no less than four ministries: Economic Affairs, Environment, Labour and Interior.
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Coal phase-out: Announcing CO2-pricing triggers divestment
01/29/2018 - Putting the Paris climate agreement into practice will trigger opposed reactions by investors on the one hand and fossil fuel owners on the other hand. It has been feared that the anticipation of strong CO2 reduction policies might – a ‘green paradox’ – drive up these emissions: before the regulations kick in, fossil fuel owners might accelerate their resource extraction to maximize profits. Yet at the same time, investors might stop putting their money into coal power plants as they can expect their assets to become stranded. Now for the first time a study investigates both effects that to date have been discussed only separately. On balance, divestment beats the green paradox if substantial carbon pricing is credibly announced, a team of energy economists finds. Consequently, overall CO2 emissions would be effectively reduced.
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Reports of coal’s terminal decline are premature
02/07/2018 - While less new coal-fired power plants are now being built in China and India, the planned expansion in the use of coal in fast-growing emerging economies, such as Turkey, Indonesia and Vietnam, will in part cancel out the reduction. Only if the countries of the world actively counteract this trend, they can achieve the climate goals agreed in the Paris Agreement. These are the results of the study “Reports of coal’s terminal decline may be exaggerated,” authored by researchers from the Potsdam Institute on Climate Impact Research (PIK) and the Mercator Research Institute on Global Commons and Climate Change (MCC), published in the journal Environmental Research Letters
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Biomass plantations not compatible with planetary boundaries
01/22/2018 - Planting trees or grasses on a grand scale in plantations to extract CO2 from the atmosphere - this could make a long-term contribution to climate protection, but it would push the planet beyond ecological limits in other dimensions. A new study by the Potsdam Institute for Climate Impact Research (PIK) in the journal Nature Climate Change now for the first time establishes a connection between ambitious international climate objectives and the more comprehensive concept of planetary boundaries. If biomass plantations in which plants bind carbon dioxide during growth are massively expanded, this would entail enormous risks for areas that are already stressed, such as biodiversity, biogeochemical flows, water resources and land use. According to the study, biomass as a means to capture and store CO2 can therefore only make a limited contribution. In order to stabilize the climate, a rapid reduction of greenhouse gas emissions from the combustion of coal, oil and gas is crucial.
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