Highlights: Current estimates of marginal abatement costs suggest that achieving zero or net-zero emissions requires much higher carbon prices than ever experienced. Depending on how well they are addressed, competitiveness and distributional effects de facto pose a limit to the levels that carbon prices can reach. Steeply growing carbon prices and related side effects call for packages of accompanying measures and policies. This policy brief presents multiple policy options to keep carbon prices in check and achieve zero emissions in time.
Additionality is a key requirement for the renewables based electricity to be used by electrolysers to produce renewable hydrogen. Additionality could be defined as the requirement that renewables-based electricity used [...]
China has always upheld multilateralism and has advocated the use of multilateral mechanisms to jointly address global climate change issues. This paper discusses what China does and why, and how [...]
Around 75% of European cargo transport operations in terms of ton-kilometers are performed by trucks, which, in turn, entail massive environmental and societal impacts. Prior to the COVID-19 pandemic, road [...]