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SPECIAL: Stronger evidence for a weaker Atlantic overturning

 Stronger evidence for a weaker Atlantic overturning
The Atlantic overturning – one of Earth’s most important heat transport systems, pumping warm water northwards and cold water southwards – is weaker today than any time before in more than 1000 years. Sea surface temperature data analysis provides new evidence that this major ocean circulation has slowed down by roughly 15 percent since the middle of the 20th century, according to a study published in the highly renowned journal Nature by an international team of scientists. Human-made climate change is a prime suspect for these worrying observations. Read more...

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.

Wealth inequality: closing the gap by taxing land and bequests - Read More…

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.

Worldbank report with PIK: climate change can trigger migration of millions - Read More…

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…

PIK Research Days: “Keep digging in your pockets”

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.

PIK Research Days: “Keep digging in your pockets” - Read More…

Social and Natural science together: New Co-Directors to lead the Potsdam Institute for Climate Impact Research

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.

Social and Natural science together: New Co-Directors to lead the Potsdam Institute for Climate Impact Research - Read More…

Sea-level legacy: 20cm more rise by 2300 for each 5-year delay in peaking emissions

Sea-level legacy: 20cm more rise by 2300 for each 5-year delay in peaking emissions

02/20/2018 - Peaking global CO2 emissions as soon as possible is crucial for limiting the risks of sea-level rise, even if global warming is limited to well below 2°C. A study now published in the journal Nature Communications analyzes for the first time the sea-level legacy until 2300 within the constraints of the Paris Agreement. Their central projections indicate global sea-level rise between 0.7m and 1.2m until 2300 with Paris put fully into practice. As emissions in the second half of this century are already outlined by the Paris goals, the variations in greenhouse-gas emissions before 2050 will be the major leverage for future sea levels. The researchers find that each five year delay in peaking global CO2 emissions will likely increase median sea-level rise estimates for 2300 by 20 centimeters.

Sea-level legacy: 20cm more rise by 2300 for each 5-year delay in peaking emissions - Read More…

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