Post by Stefan Lorenczik

Frontier Economics - Manager

๐Ÿš€ ๐—ก๐—ฒ๐˜„ ๐˜€๐˜๐˜‚๐—ฑ๐˜†: ๐—ฅ๐—ฒ๐˜๐—ต๐—ถ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—š๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป๐˜†โ€™๐˜€ ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป โ€“ ๐—” โ€œ๐—ฃ๐—น๐—ฎ๐—ป ๐—•โ€ Our latest report for the ๐—š๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป ๐—–๐—ต๐—ฎ๐—บ๐—ฏ๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† (๐——๐—œ๐—›๐—ž) shows that the current path of the Energiewende comes with massive costs โ€“ up to โ‚ฌ๐Ÿฑ.๐Ÿฐ ๐˜๐—ฟ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ฏ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฑ๐Ÿฌ โ€“ and risks to competitiveness and industrial strength. With the support of our ๐—–๐—ข๐— ๐—˜๐—ง ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐˜€๐˜†๐˜€๐˜๐—ฒ๐—บ ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น, we explored an alternative: a ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜-๐—ฑ๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ป, ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป-๐—ผ๐—ฟ๐—ถ๐—ฒ๐—ป๐˜๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ฎ๐—บ๐—ฒ๐˜„๐—ผ๐—ฟ๐—ธ that uses a comprehensive ๐—ฐ๐—ฎ๐—ฝ-๐—ฎ๐—ป๐—ฑ-๐˜๐—ฟ๐—ฎ๐—ฑ๐—ฒ ๐˜€๐˜†๐˜€๐˜๐—ฒ๐—บ and embraces all low-carbon technologies. The results are clear: โœ… Up to โ‚ฌ๐Ÿต๐Ÿญ๐Ÿฌ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—ฐ๐—ผ๐˜€๐˜ ๐˜€๐—ฎ๐˜ƒ๐—ถ๐—ป๐—ด๐˜€ compared to the status quo โœ… ๐—š๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐—ฟ ๐—ณ๐—น๐—ฒ๐˜…๐—ถ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ in uncertain times โœ… ๐—ฆ๐˜๐—ฟ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐—ฎ๐—น๐—ถ๐—ด๐—ป๐—บ๐—ฒ๐—ป๐˜ of climate ambition with competitiveness and global effectiveness This โ€œPlan Bโ€ is not about lowering ambition โ€“ itโ€™s about ๐—ฎ๐—ฐ๐—ต๐—ถ๐—ฒ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ฐ๐—น๐—ถ๐—บ๐—ฎ๐˜๐—ฒ ๐—ป๐—ฒ๐˜‚๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐˜๐˜† ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฒ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐˜๐—น๐˜†, while safeguarding prosperity and industrial strength. ๐Ÿ“„ ๐—™๐˜‚๐—น๐—น ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ (๐—ถ๐—ป ๐—š๐—ฒ๐—ฟ๐—บ๐—ฎ๐—ป): https://lnkd.in/e-uWj3Jz ๐Ÿ”Ž ๐— ๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ป ๐—ผ๐˜‚๐—ฟ ๐—–๐—ข๐— ๐—˜๐—ง ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น: https://lnkd.in/eNxayucD ๐Ÿ™ 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

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