Climate Policy

Klilmapolitik Imaginis FotoliaAmong climate experts a consensus has now emerged that mankind is contributing to the warming of the earth by releasing greenhouse gases. To counteract climate change, emissions of carbon dioxide (CO2) in particular must fall significantly. Climate protection may be expensive but the alternative –doing nothing now and gradually adapting to the eventual consequences of climate change – would be considerably more expensive. For the climate it matters little how and where on the earth CO2 is saved. Climate protection should therefore start where it is as inexpensive as possible. Unfortunately, environmental policy often resorts to instruments which cause unnecessarily high costs. A great deal more could be done to protect the climate for the same money.

 

Yet even the best climate policy is to no avail if practised by only some countries. Europe, and certainly Germany, are much too small to limit climate change on their own. Going it alone also carries the risk that industries will move to countries which do not restrict their emissions. For this reason, not only the industrialised but also threshold and developing countries should commit to CO2 reduction.

 

 

More articles on the topic

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IW-Newsletter
No. 2 from April 1, 2010
Financing Climate Protection: There is No Free Ride
The results of the climate conference in Copenhagen in December of this year will determine international and national climate policies for the coming years or decades.
more
IW-Newsletter
No. 2 from June 11, 2008
Real Estate and Climate Change: Untapped Potential
National and international climate policies increasingly confront all sectors of the economy with new or tightened requirements. This includes the real estate sector because its potential for reducing greenhouse gas emissions remains largely untapped.
more
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14.6.2011, Die Kosten des Atomausstiegs