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SPECIAL: Coal exit benefits outweigh its costs

Phasing out coal yields global net saving effect: Lignite-fired power plants in Germany. Photo: iStock. Coal combustion is not only the single most important source of CO2, accounting for more than a third of global emissions, but also a major contributor to detrimental effects on public health and biodiversity. Yet, globally phasing out coal remains one of the hardest political nuts to crack. New computer simulations by an international team of researchers are now providing robust economic arguments for why it is worth the effort: For once, their simulations show that the world cannot stay below the 2 degrees limit if we continue to burn coal. Second, the benefits of phasing out coal clearly outweigh the costs. Third, those benefits occur mostly locally and short-term, which make them useful for policy makers. Read more...

National academy acatech appoints Ottmar Edenhofer

National academy acatech appoints Ottmar Edenhofer

01/16/2015 - In recognition of his outstanding scientific achievements, climate economist Ottmar Edenhofer has been elected a member of the German National Academy for Science and Engineering, acatech. Edenhofer is deputy director of the Potsdam Institute for Climate Impact Research, Director of the Mercator Research Institute on Global Commons and Climate Change (MCC), and Professor at Technische Universität Berlin. He already chairs the Energy Platform of the European Council of Academies of Applied Sciences, Technologies and Engineering (Euro-CASE), of which acatech is a part. In the Intergovernmental Panel on Climate Change, Edenhofer led the working group on mitigation which published its highly influential Fifth Assessment Report last year.

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