Economic Evaluation of Climate Protection Measures in Germany

Authors

  • Christian Lutz
  • Ulrike Lehr
  • Philip Ulrich

Abstract

The paper builds on a study "Policy Scenarios for Climate Protection VI". In the Current Policy Scenario (CPS) all measures which have been implemented by July 8 2011 are considered. In the Energy Transformation Scenario (ETS) additional measures are included to reach the climate targets of the German government until 2030. Both policy scenarios build on the same socio-economic assumptions and just differ by climate protection measures. Investment in climate protection will reduce energy consumption in the long term and shift it towards low or zero carbon energy carriers. Scenarios are implemented in the model PANTA RHEI. Results of more ambitious climate protection measures are positive: Annual gross domestic product will be 25 to 30 billion Euros higher in the ETS compared to the CPS. Positive employment impacts are in the range of 200 thousand additional jobs. Energy efficiency improvements increasingly contribute via reduced energy imports in the long term. Keywords: Climate mitigation; energy efficiency; economy-energy-environment model; economic impacts JEL Classifications: C54; C67; Q43

Downloads

Download data is not yet available.

Downloads

Published

2014-09-22

How to Cite

Lutz, C., Lehr, U., & Ulrich, P. (2014). Economic Evaluation of Climate Protection Measures in Germany. International Journal of Energy Economics and Policy, 4(4), 693–705. Retrieved from https://econjournals.com./index.php/ijeep/article/view/927

Issue

Vol. 4 No. 4 (2014)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.