Post by Stefan Lorenczik
Frontier Economics - Manager
๐ ๐ก๐ฒ๐ ๐๐๐๐ฑ๐: ๐ฅ๐ฒ๐๐ต๐ถ๐ป๐ธ๐ถ๐ป๐ด ๐๐ฒ๐ฟ๐บ๐ฎ๐ป๐โ๐ ๐๐ป๐ฒ๐ฟ๐ด๐ ๐ง๐ฟ๐ฎ๐ป๐๐ถ๐๐ถ๐ผ๐ป โ ๐ โ๐ฃ๐น๐ฎ๐ป ๐โ Our latest report for the ๐๐ฒ๐ฟ๐บ๐ฎ๐ป ๐๐ต๐ฎ๐บ๐ฏ๐ฒ๐ฟ ๐ผ๐ณ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ป๐ฑ๐๐๐๐ฟ๐ (๐๐๐๐) shows that the current path of the Energiewende comes with massive costs โ up to โฌ๐ฑ.๐ฐ ๐๐ฟ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฏ๐ ๐ฎ๐ฌ๐ฑ๐ฌ โ and risks to competitiveness and industrial strength. With the support of our ๐๐ข๐ ๐๐ง ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ ๐๐๐๐๐ฒ๐บ ๐บ๐ผ๐ฑ๐ฒ๐น, we explored an alternative: a ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐-๐ฑ๐ฟ๐ถ๐๐ฒ๐ป, ๐ถ๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป-๐ผ๐ฟ๐ถ๐ฒ๐ป๐๐ฒ๐ฑ ๐ณ๐ฟ๐ฎ๐บ๐ฒ๐๐ผ๐ฟ๐ธ that uses a comprehensive ๐ฐ๐ฎ๐ฝ-๐ฎ๐ป๐ฑ-๐๐ฟ๐ฎ๐ฑ๐ฒ ๐๐๐๐๐ฒ๐บ and embraces all low-carbon technologies. The results are clear: โ Up to โฌ๐ต๐ญ๐ฌ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ถ๐ป ๐ฐ๐ผ๐๐ ๐๐ฎ๐๐ถ๐ป๐ด๐ compared to the status quo โ ๐๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฟ ๐ณ๐น๐ฒ๐ ๐ถ๐ฏ๐ถ๐น๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐๐ถ๐น๐ถ๐ฒ๐ป๐ฐ๐ฒ in uncertain times โ ๐ฆ๐๐ฟ๐ผ๐ป๐ด๐ฒ๐ฟ ๐ฎ๐น๐ถ๐ด๐ป๐บ๐ฒ๐ป๐ of climate ambition with competitiveness and global effectiveness This โPlan Bโ is not about lowering ambition โ itโs about ๐ฎ๐ฐ๐ต๐ถ๐ฒ๐๐ถ๐ป๐ด ๐ฐ๐น๐ถ๐บ๐ฎ๐๐ฒ ๐ป๐ฒ๐๐๐ฟ๐ฎ๐น๐ถ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐๐น๐, while safeguarding prosperity and industrial strength. ๐ ๐๐๐น๐น ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐ถ๐ป ๐๐ฒ๐ฟ๐บ๐ฎ๐ป): https://lnkd.in/e-uWj3Jz ๐ ๐ ๐ผ๐ฟ๐ฒ ๐ผ๐ป ๐ผ๐๐ฟ ๐๐ข๐ ๐๐ง ๐บ๐ผ๐ฑ๐ฒ๐น: https://lnkd.in/eNxayucD ๐ A big thank you to my co-authors David Bothe, Johanna Reichenbach, Matthias Janssen, Gregor B., Julius Stoll, Laura Coordt, and Felicitas Kuttler for the great teamwork on this study. #Energiewende #ClimatePolicy #EnergyTransition #FrontierEconomics #Innovation