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SPECIAL: IPCC report on 1,5°C: Unprecedented transformation needed to reach climate targets

Arctic Sea IceLimiting global warming to 1.5° Celsius would require rapid, far-reaching and unprecedented changes in all aspects of society, says a new detailed assessment by the Intergovernmental Panel on Climate Change (IPCC). Ninety-one authors and review editors from 40 countries were involved in preparing the report, among them Elmar Kriegler from the Potsdam Institute for Climate Impact Research (PIK) who is one of the lead authors for the key chapter on mitigation pathways. The Special Report on Global warming of 1.5°C will be an important scientific input into the UN climate summit in Poland in December and was prepared in response to an invitation from the United Nations Framework Convention on Climate Change when the historic Paris Agreement was adopted in 2015. Read more...

More than 14.000 Earth scientists meet in Vienna

More than 14.000 Earth scientists meet in Vienna

06/04/2018 - The European Geophysical Union’s (EGU) general assembly in Vienna is one of the world's greatest scientific events – from 8 to 13 April, it attracts more than 14.000 scientists. Numerous experts from the Potsdam Institute for Climate Impact Research (PIK) give talks and participate in debates. A distinguished role is attributed to Stefan Rahmstorf, co-chair of PIK’s Earth System Analysis department, research domain 1. He has been asked to hold the first-ever EGU public lecture at the Vienna Museum for Natural History: “After Paris: Can we still control the climate crisis?”

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Edenhofer and Foreign Minister Maas visit the United Nations

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

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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Wealth inequality: closing the gap by taxing land and bequests

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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Worldbank report with PIK: climate change can trigger migration of millions

Worldbank report with PIK: climate change can trigger migration of millions

19/03/2018 - Climate change is a driver of future migration – in a worst-case scenario, it could force more than 100 million people out of their homes by 2050. This is shown by a groundbreaking Worldbank report, co-authored by scientists from the Potsdam Institute for Climate Impact Research (PIK). Subsaharan Africa and Southern Asia are among the most affected regions, to a lesser extent also Latin America. Water scarcity and yield failures are, along with a number of other economical and social factors, becoming more and more relevant for migration within countries. This so-called internal migration is the subject of the report. However, rapid reductions of greenhouse-gas emissions can reduce this future migration by up to 80 percent, according to the report.

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Enhanced weathering of rocks can help to suck CO2 out of the air – a little

Enhanced weathering of rocks can help to suck CO2 out of the air – a little

03/06/2018 - Weathering of huge amounts of tiny rocks could be a means to reduce the greenhouse gases in the atmosphere. While this is normally a slow natural process during which minerals chemically bind CO2, technological upscaling could make this relevant for so-called negative emissions to help limit climate risks. Yet, the CO2 reduction potential is limited and would require strong CO2 pricing to become economically feasible, according to the first comprehensive assessment of costs and possibilities now published in the journal Environmental Research Letters.

Enhanced weathering of rocks can help to suck CO2 out of the air – a little - Read More…

Coalition-building for pricing CO2 could make sense even for egoistic countries

Coalition-building for pricing CO2 could make sense even for egoistic countries

02/26/2018 - Even countries that tend to act in an egoistic way in the long run have an incentive to participate in international climate stabilization pathways and couple CO2 pricing systems, a new game-theoretical study shows. Yet they might only do this if pioneer coalitions for pricing greenhouse gas emissions make the first steps. If this is the case, the egoistic countries temporarily enjoy the benefits of avoided climate change without paying for it, but in the longer term can join the pioneers and link to their already established models of CO2 pricing. Forming larger and larger coalitions always reaps additional benefits of avoided damages from climate change. These benefits, even though unequally distributed across the coalition members, can be distributed via financial transfers. This makes it attractive to join, even for egoistic countries.

Coalition-building for pricing CO2 could make sense even for egoistic countries - Read More…

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