Climate Policy through Price Shocks? – Prospects and Alternatives
30/April/2025
05:00 PM CEST
PLACE
Zoom
LANGUAGE
German
The new federal government wants to continue to significantly raise the cost of climate-damaging behavior. Yet already in 2027, a shock looms when the expansion of emissions trading to include transport and buildings is expected to cause a drastic rise in prices for fuel and heating. Can such a shock really be cushioned in a socially fair way? Are higher carbon prices at all effective in promoting climate-friendly behavior? Or would an alternative be to rely on positive incentives, as the former U.S. administration did with the Inflation Reduction Act?
In light of the publication of our Forum study „A positive approach to climate policy: What are preliminary lessons learnt from the US Inflation Reduction Act?“, we discussed all of this in our New Economy Short Cut: Climate Policy through Price Shocks? – Prospects and Alternatives with Isabella Wedl and Thomas Fricke, Forum New Economy, Nils aus dem Moore, Hertie School of Governance and Christ & Company and Nina Scheer, SPD Spokesperson for climate protection and energy policy in the Bundestag on April 30, 2025.
Nils aus dem Moore
has been Director of Transformation and Energy Transition Operations at the Berlin-based strategy and communications consultancy Christ & Company since April 2024. Previously, he worked for over 15 years in the Berlin office of the RWI - Leibniz Institute for Economic Research. He headed the research group “Sustainability and Governance” as an expert on economic policy, European integration and sustainability.
Nina Scheer
has been a member of the German Bundestag since 2013. In the 20th parliamentary term, she was a member of the Committee on Climate Protection and Energy as well as the SPD parliamentary group's spokesperson on climate protection and energy policy. She is also a board member of the Hermann Scheer Foundation.
Isabella Wedl
is a scientific consultant with a focus on climate policy and sustainable food systems. She holds a doctorate in sustainability policy and worked at the Fraunhofer Think Tank and the sustainability consultancy SYSTEMIQ between 2014 and 2022. Since 2024, she has been supporting the Forum New Economy as Senior Advisor on Climate Policy.