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Wealth inequality: closing the gap by taxing land and bequests
22/03/2018 - To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. Such a policy package would, in fact, have a strong advantage over corporate taxation, a new study published in the journal International Tax and Public Finance finds. It is the first analysis to include the so far neglected factor of land for tackling wealth inequality. Land is of great interest for studying inequality as climate change might increase land prices and thereby affect housing costs. The cost increase could be countered by smart taxes that would at the same time reduce overall inequality in a country, and hence possibly help to reduce tensions in society that are amplified by populism.
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"Consulted by the Pope": Catholic Academy of Bavaria honours climate economist Edenhofer
05/16/2018 - The Catholic Academy of Bavaria honours the climate economist Ottmar Edenhofer with its Romano Guardini Prize. "As a renowned economist, committed political advisor, and public admonisher, Ottmar Edenhofer has restlessly pointed to climate change as one of the most pressing problems on Earth, and has proposed concrete solutions," the Academy explained. "Not least Pope Francis was seeking Ottmar Edenhofer’s advice repeatedly and intensively for his encyclical Laudato Si. Both are convinced that environmental degradation and poverty are closely intertwined problems that can only be resolved together in the 'concern about our common house'.” Edenhofer is Chief Economist and designated new Director of the Potsdam Institute for Climate Impact Research (PIK), a member of Leibniz Association; as well he is Director of the Mercator Research Institute on Global Commons and Climate Change (MCC) and Professor at Technische Universität Berlin (TUB).
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Edenhofer and Foreign Minister Maas visit the United Nations
29/03/2018 - The designated Director and chief economist of the Potsdam Institute for Climate Impact Research, Ottmar Edenhofer, accompanied the new Federal Foreign Minister Heiko Maas on his first visit to the United Nations in New York. Edenhofer was the only guest of the ministerial delegation. Germany seeks a non-permanent seat on the UN Security Council in 2019 and 2020. Minister Maas held a number of talks and campaigned for strengthening the United Nations in times of national unilateralist leanings.
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Stock-take 2018: Rapid emissions reductions would keep CO2 removal and costs in check
03/29/2018 - Rapid greenhouse-gas emissions reductions are needed if governments want to keep in check both the costs of the transition towards climate stabilization and the amount of removing already emitted CO2 from the atmosphere. To this end, emissions in 2030 would need to be at least 20 percent below what countries have pledged under the Paris climate agreement, a new study finds – an insight that is directly relevant for the global stock-take scheduled for the UN climate summit in Poland later this year. Removing CO2 from the atmosphere through technical methods including carbon capture and underground storage (CCS) or increased use of plants to suck up CO2 comes with a number of risks and uncertainties, and hence the interest of limiting them.
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Social and Natural science together: New Co-Directors to lead the Potsdam Institute for Climate Impact Research
23/02/2018 - The Potsdam Institute for Climate Impact Research (PIK) is reinventing itself – appointing a twin leadership bringing together natural sciences and social sciences stronger than ever. In late September, the German climate economist Ottmar Edenhofer and the Swedish Earth system scientist Johan Rockström will become directors of the internationally renowned institute which is a member of the Leibniz Association. This was decided on Friday by the institute's Board of Trustees, headed by the Brandenburg Ministry of Science, Research and Culture and the German Federal Ministry of Education and Research. The retirement of the founding director Hans Joachim Schellnhuber this autumn after a quarter of a century as the head of the institute marks the beginning of a new era in Potsdam.
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PIK Research Days: “Keep digging in your pockets”
02/23/2018 - Scientists and staff of the Potsdam Institute for Climate Impact Research (PIK) gathered this week for their annual roadshow of scientific achievements and discussions of future projects. Climate negotiations, climate migration, public health, sea-level legacy, jet streams, ice losses at Antarctica, carbon pricing – these were just some of the topics presented by PIK’s four research domains. This year’s research days focused in particular on the upcoming 1.5°C IPCC special report as well as on global change, big data and digitalization.
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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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National Academy of Sciences Leopoldina appoints Edenhofer
01/31/2018 - Ottmar Edenhofer, Chief Economist at the Potsdam Institute for Climate Impact Research, was elected member of the Leopoldina. The honouring is a special recognition of his scientific achievements and his personality, said Leopoldina President Jörg Hacker about Edenhofer, who is also Director of the Mercator Research Institute on Global Commons (MCC) and Professor of Economics of Climate Change at TU Berlin. The selection of a member for the German National Academy of Sciences Leopoldina follows strict standards and requires a broad agreement of the Extended Presidium.
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Climate and public health: Leopoldina Dialogue in Potsdam
12/05/2017 - Climate change related risks for public health are one of the most important challenges of today. However, the science communities on both sides of the fence have so far not sufficiently interacted to reflect the critical nexus of climate change and health. Taking the first mover advantage, a workshop of the German National Academy of Sciences Leopoldina at the Potsdam Institute for Climate Impact Research (PIK) now brought together renowned scientists from climate sciences, health and medicine, psychology, environmental sciences, social sciences and economics. They will develop a publication offering stakeholder and decision-makers orientation on public health and climate policy.
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PIK at G20 Resource Efficiency Dialogue
01/12/2017 - The Inaugural Meeting of the G20 Resource Efficiency Dialogue took place in Berlin this week, starring the German, South African and Japanese Ministers of the Environment as well as a number of other high-ranking guests from politics, major corporations and institutions like OECD and the UN Environment Programme. In an effort to support the transition to a sustainable and efficient use of all natural resources and contribute to poverty eradication, the Resource Efficiency Dialogue was established during the G20 leaders´ meeting in Hamburg earlier this year.
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