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The German industrial sector is a central component of its economic success. However, its investment activities are weak in comparison internationally. There are concerns that the high costs of the energy transition — one major part of climate change policy — could decrease industrial competitiveness and Germany’s allure as an industrial production location. To prevent this, German policymakers offer substantial exemptions for energy intensive industries in order to keep costs low. This study shows that only a few industrial branches have both high energy costs and a high export intensity, however. They generally feature a comparatively old capital stock. Overall, industry benefits from the demand for climate protection technologies. This calls for a shift in current policy, which should focus on incentives for innovative low carbon technologies. Exemptions should be granted to a limited number of energy intensive industries only for a limited time. 相似文献
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Claudia Kemfert 《Economic Bulletin》2003,40(10):351-360
Original Papers
Greenhouse Gases on the Increase Worldwide—No Turnaround in Sight 相似文献16.
Ohne Zusammenfassung 相似文献
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Intereconomics - A Green Deal for Europe can set standards for ambitious climate protection, for an investment programme in future markets and for strengthening the European economy and European... 相似文献
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Conclusion The NAPs must be compatible with the climate goals and emissions reduction targets. Within the first period there will be
no concrete sanction mechanism if countries fail to achieve their target, as is planned for later periods. A stringent allocation
of allowances would prevent too high a burden on private households and the transport sector. In addition, it would also increase
the incentive for other flexible mechanisms such as Clean Development Mechanisms (CDM) and (later on) Joint Implementation
(Jl). Conversely, some important aspects of the trading system, such as the treatment of newcomers or how to react to the
dynamics of the market, are not regulated at the European level. This provides a large scope for strategic action and creates
uncertainties.
In Germany as well as in many other countries, negotiations between politicians and industrial lobbyists has led to a less
effective emissions trading system. It is questionable whether there will be significant emission trading at all. The climate
goal cannot be reached if industries get the emissions allowances that they need to continue business as usual. In the future,
it would be desirable to harmonise the specific rules of the initial allocation plan among all European countries in order
to avoid strategic behaviour and a weakening of the entire trading system. 相似文献
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